Today's news : Asian equities delivered some last-minute Christmas cheer, continuing to rally on the last full trading day of the week before the holiday. Oil prices recovery boosted energy stocks in the areas, with US crude nearly 1 per-cent high in Asia trading following a 4 per-cent rally overnight.
The key domestic benchmarks trimmed some of their earlier gains but were still trading higher today tracking a strong rally in Asian stock markets which rose as speculation of a Spanish bailout and upbeat US data lifted sentiment, spurring demand for risky assets. Stocks rose after Germany signaled that it is open to the idea of Spain seeking funding from Europe's bailout funds, easing concerns over Europe's debt turmoil. Robust US corporate earnings and a rebound in US industrial production last month signaled a pickup in the world's largest economy, bolstering sentiment.
Stock Tips Of The Day - by optiontips.in
VOLTAS LTD.
Read More on:
http://www.kyachadega.com/2012/10/positive-indication-of-sensex-asian.html
TCS, Tata Motors, Infosys, Trent, BoB, Dr Reddy's Labs are the Stocks in news.
Sensex rallies 200 points, Nifty-50 ragains 7,400; Marksans gains 7%
Dr. Not So Doom: Marc Faber says stocks may rally.
INR hits 7-wk high, trades at 67.39 against USD
optiontips.in don't see a swift re-entry into risk assets because there are still lots of different catalysts (for uncertainty) - once the U.S. elections are over. We have the 'fiscal cliff' and after the 'fiscal cliff,' we still have Europe Market.
Ultimately investors are likely to remain cautious, they will dip their toes into the markets and focus on equities in the U.S., then Asia and Europe.
Long Term Plan
Still if you are looking for long term perception, don't panic this swift merely take market to 1% below or upward. Investor should trade sector specific. We will see good rally at the end of 2013-2014.
Stock Tips by optiontips.in
Buy Mahindra and Mahindra
Recommended Price: 930
Target:
Read More at:
http://www.kyachadega.com/2012/11/optiontipsin-market-is-waiting-for-big.html
Bullion tips is often seen as a alternative investment at the time of geopolitical and financial unstability, though safe-haven rallies tend to be short-lived. Global equity markets were flat on yesterday after their worst January kick-off in years as concerns about the economy of China weighed.
BSE Sensex rallied as many as 217 points in intraday trade, but pared most of the gains in last hour of trade to close at 25,868, up 0.10 per cent, or 27 points.
The 50-stock barometer Nifty 50 earned 14 pts, or 0.18 per-cent, at 7,856. Top gainers includes Gail and Wipro on the BSE benchmark.
Gold trading range for the day is 28064-29002.Gold dropped as a rally in assets seen as higher risk, prompted some investors to cash in gains sparked by Fed Yellens cautious tone on further rate hikes.
The Nifty - 50 was at 7,779, up by 47 pts or 0.62 per-cent. It reached a high of 7,792.55 & then a low of 7,768.50 in the early 30 minutes of trade.
The 30-share index was trading at 25,645, went up 162 pts or 0.64 per-cent. It reached a high of 25,680.76 and a low of 25,616.33 in morning session.
BSE S&P Smallcap Index was trading 0.84 per-cent higher & the S&P BSE Midcap Index went up 0.77 %.