Friday 15 June 2018

Today's Stock Market Trading Tips-Sensex mildly higher; rupee hits 3-week low; Pharma stocks shine

Benchmark indices opened on a flat note amid mixed trade in Asia ahead of likely US tariffs on select Chinese goods.
The Sensex fell 12.28 points to 35,587.54 and the Nifty slipped 1.80 points to 10,806.20.
L&T, Reliance Industries, HDFC Bank, BPCL and IOC are under pressure.

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Dr Reddy's Labs, TCS, Lupin, ICICI Bank, Titan Company and Maruti Suzuki gained up to 2 percent.
Nifty Midcap index is flat.
Tata Global, HDFC Standard Life, Venkys, Kesoram Industries, PVR, HOEC, Prestige Estates and LG Balakrishna gained up to 5 percent.
SBI Life, Vakrangee, Gitanjali Gems, Avenue Supermarts and Gati fell up to 5 percent.

The market is rangebound. Investors monitor the trade developments ahead of likely announcement of US tariffs on some Chinese goods.
The 30-share BSE Sensex fell 15.47 points to 35,584.35 and the 50-share NSE Nifty declined 1.70 points to 10,806.30. About 954 shares advanced against 687 declining shares on the BSE.
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