Nifty option tips - On Tuesday, The S&P BSE Sensex slipped 116 points in trade ahead of critical Reserve Bank of India's 3rd monetary policy analysis. The fall in the index was led by losses in Infosys, ITC, ICICI Bank, L&T and Tata Motors. The 50-share Nifty index which controlled to reclaim its crucial psychological level of 8550 turned choppy, contemplate down by losses in IT, banks, capital goods and FMCG stocks. An ET poll of 15 economists and investors shows that the benchmark repo rate will remain at 7.25%.
Just one of the polled believes that there could be a rate decrement on Tuesday. Hero MotoCorp gained over 3 percent post Q1 earnings while Styrol Abs was up more than 8 per cent. Force Motors tumbled over 10 percent while IB Real Estate acquired over 6 per cent. Cadil Healthcare was up 2 per cent in trade and BGR Energy unite over 7 per cent.
Today (INR)Rupee depreciated 5 paise to 64.09 in against with dollar in trade. The native currency had closed 9 paise lower at 64.04 on Monday.
Today (INR)Rupee depreciated 5 paise to 64.09 in against with dollar in trade. The native currency had closed 9 paise lower at 64.04 on Monday.
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