Trading Tips for Today- Sensex open 101 points up, Nifty open 15 point up

INDORE, India - Jan. 9, 2017 - PRLog -- Despite the rise in Asian markets in early trading in the domestic market continues to decline. GDP growth slowdown of the domestic economy and the prospects of poor quarterly results from the market sentiments is impaired. Sensex down 22 points, currently is trading at 26 736 points and the Nifty is at 8236, down 7 points.

Sensex 101 points, Nifty opened up 15 points

Asian markets traded mixed on the first trading day of the week began a strong domestic market. The Sensex opened 101 points higher at 26 860 points and the Nifty opened 15 points higher at 8259.

BSE Midcap and Smallcap is trading in the green. BSE Midcap is 0.33 per cent each. Nifty Midcap is 0.29 per cent.

Bank Nifty 0.48 per cent, 0.13 per cent of auto Nifty, Nifty gained 0.75 per cent in metal.

The sharp decline in IT sector

The stock has declined in the IT sector. Large IT companies such as TCS, Wipro, MindTree, Tech Mahindra stocks fell sharply.

Strongly declining rupee

Beginning of the week has been disappointing for Rs. The price of $ 1 to 68 has gone beyond. The rupee weakened by 21 funds opened at 68.17.

Asian markets traded dull

Equity Tips (https://www.tradeindiaresearch.com/)- On Monday, the first trading day of the week, Asian markets are trading subdued. Japan's Nikkei business off the market while the Straits Times rose nearly 0.5 per cent. Hang Seng rose 0.2 percent to close to 22 550. The SGX Nifty is trading flat at the 8271 level.

Korean market moves Kospi index is flat, while Taiwan's index dropped 0.2 percent. The Shanghai Composite has gained 0.25 percent.

BEML's stock rose 17%

Government defense equipment maker BEML public company to sell its 26 per cent approved. Amounting to over Rs 1,000 crore to the exchequer can get. Approved the sale of equity turnover rose by 17 per cent on the NSE stock BEML. BEML's stock rose 17 percent in early trading in 1163 reached Rs.

Free Intraday Tips (https://www.tradeindiaresearch.com/freetrial.php)- BEML informed the stock market that the government's 26 per cent equity shares Cabinet has approved in principle the strategic investment. The government's 54.03 percent stake in the company. Strategic sales fell 28.03 percent government stake in the company would be reduced.

Today's Top intra-day call,

BUY BIOCON 980 CALL

ABOVE 31

Target1- 34

Target2- 39

StopLoss- 24.20