Friday 26 February 2016

Live Market Update @Top 5 stocks in focus today

LIVE: Sensex rallies over 200 points on firm global cues, Nifty reclaims 7,000; Unites Spirits up over 5%
The BSE Sensex surged over 200 points in the early trade on Friday on account of firm global cues.

Top 5 stocks in focus today: 
United Spirits, 
Unitech
IDBI Bank
Reliance Capital

Castrol

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Indian Rupee Update
The rupee recovered 7 paise to 68.65 against the US dollar in early trade at the Interbank Foreign Exchange market on selling of the US currency by exporters and banks amid a higher opening in the domestic equity market. Sensex was trading 136 points up at 23,112. Nifty was up 47.90 points at 7,019.20.

Nifty Technical Overview:
Nifty futures opened with flat note and witnessed bearish movement and sustained below 7050 for the entire day. It closed below 7000. Tomorrow if nifty future manages to sustain below the level of 7030 and break major support of 6950 then down side movement is expected. 

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