Wednesday, 28 October 2015

Raymond, Just Dial slip 3%, Nifty futures tips for 29 Oct, 2015

http://www.researchvia.com/nifty-futures/

Nifty futures tips - The S&P BSE Sensex started on a cautious note on today ahead of October series F&O expiry due today. The drop down in the index was led by losses in ITC, HDFC Bank, TCS, Sun Pharma and Infosys. The Nifty50 also started weak but was trading around its critical psychological level of 8150, led by losses in FMCG, IT, oil, gas, Banks and power stocks.

The shares of Raymond declined over 3 per-cent after the company reported a fall of 86 per-cent in its Q2 net profits.

Today, INR(Rupee) slided by 23 paise to 65.15 in morning trade after the US Fed Reserve's commentray heightened estimations of a rate hike in its December month policy review meet.

The domestic currency had regained 4 paise to close at 64.93 per dollar on fag-end selling of the American currency by banks & exporters amid lower greenback overseas.

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