Stock Market Trading Tips on Mobile in Advance
The S&P BSE Sensex slipped over 250 points in trade on Monday, led by losses in ICICI Bank, L&T, Tata Motors, HDFC Bank and HDFC. The 50-share Nifty index also broke below its crucial psychological support level of 8450, weighed down by losses in IT, auto, banks, capital goods and metal stocks.
India sets Power Finance offering base price at 254 rupees/share India government panel rattles market with plan to clip RBI wings.MEDIA-RBI may say no to financial code draft on interest rate panel.India to auction 140 bln rupees of T-Bills on July 29.
The market has opened on lower note as traders seem to be cautious of the Participatory Notes (P-Notes)issue. The Sensex is down 161.11 points or 0.6 percent at 27951.20 and the Nifty is down 49.45 points or 0.6 percent at 8472.10. About 469 shares have advanced, 442 shares declined, and 91 shares are unchanged.From the Nifty-50 basket of stocks, 42 stocks were declining while 8 were advancing.
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