With the constant advancing in the Dollar Index, including Rupiya all other currencies are getting weaker. Friday morning, Rupiya opened at 66.95 against the dollar and went to the lowest level in last 2 year.
After the big Index loss on yesterday, Sensex and Nifty opened in low and currently at 25697.41 and 7800.30.
In the Equity Market, Metal Index hiked by 0.55% and Banking Stocks are rapidly getting sold. Due to the Chennai Flood, Aviation Industry is in loss of 2000 crore rupees.
Expert says, Investing in Midcap IT Companies can give big returns. Companies like MindTree and Hexaware have a great future.
Stock Future Tips for today-
- Buy Maruti Suzuki currently at 300.50 target 308-312 stoploss 294
- Sell JSW Steels currently at 974.15 target 958, 955 stoploss 985
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