Market Trend Today 30 May :- Domestic Market open on decline due to weakness in Asian Markets and Rupee has reach to 56 level. In early trade Sensex down 105 points to open at 16337 and Nifty down 32 points to open on 4958 level. Rupee continues to decline trend. U.S. Dollar fell Rs . 33 against Euro and is open at 56.
Auto stocks have broken 3%. Tata Motors has rolled 8%. Banking, Metal, Capital Goods, Realty, Consumer Durables, Power, PSU stocks are decline by 1 to 0.25%. IT, Tech, FMCG is mild weakness. Healthcare and Oil & Gas stocks are light strong. GAIL, ONGC, Sun Pharma, ITC, Ranbaxy, HCL Tech, Tata Power, Cern India, Bharti Airtel, HUL faster about 1 to 0.2%..
U.S. Market Trend :- In U.S. Markets on Tuesday shopping returned to lower levels. In China expected to stimulus package and concern to be less about Greece therefore Dow Jones, Nasdaq Composite and S & P 500 was up 1%.
Asian Market Trend :- After China denies reports of stimulus, Asian Markets fall. Hang Sang, Taiwan Index, Nikkei, Kospi are broken 2-1%. Singapore Nifty, Straits Times and Shanghai Composite is also weak.
Intraday Tips Free and Positional Stock Advice 30 May
Aurobindo Pharma Sell, Target – 103, Stoploss - 114,
Ranbaxy Buy, Target – 555, Stoploss – 525.
Indian Bank Sell, Stoploss - 176, Target – 169.
TCS Buy For 1 To 2 Days, Target – 1280 - 1300, Stoploss – 1205.
Intraday Tips Free Trial of Stock, Nifty and MCX Commodity Tips form today 30 May to tomorrow 31 May 12
