Indian Equity Market gave a weak opening in the last trading session of this month. Indian Benchmark Indices have been moving up and down till now. Currently, Sensex is trading at 28132 with the loss of 75.74 points and Nifty is trading at 8656.85 with the drop of 9.45 points. In Bse, Healthcare sector is trading at the top with the hike of 1.20%, Midcap hiked 0.90% and Auto sector has gained 0.83%, while Banking sectors have lost around 0.50%. In Asian market, Japan’s index Nikkei is trading with the lead of 90 points, while Hong Kong’s index Heng Seng is trading with the loss of 187 points today. Other Asian indices are also moving in the red zone.
Airline companies have slashed around 30 percents in travel fares. Fall in Crude oil and unstable Rupee caused drop in Aviation Turbine Fuel (ATF). Airways companies like Indigo, Spice Jet and Jet Airways have already gained appreciative leads till now and are expected to take good hike today.
Maruti is planning to launch 15 new cars in next 5 years with 2-3 cars every year. For financial year 2017, the companies estimated growth hasn’t changed yet. The Calcutta’s High Court has approved the merger between DPL and DPGL. Dhunseri Petrochem stocks took a big jump after the announcement.
TechSolution has allocated 1.08 crore shares with the rate of 166.1 rupees per share through QIB. Company stocks gained 2.59% hike after this announcement.
Free Intraday Tips for Today : 29th July
Buy Jet Airways above: 618.77 Targets: 624.69 — 630.95 — 637.24 Stoploss : 612.56
Supports: 606.39 and 600.25 & Resistance: 625 and 631.27
Buy Dhunseri Petrochem above: 91.64 Targets: 91.79 — 91.99 — 92.19 Stoploss : 91.44
Supports: 91.24 and 91.04 & Resistance: 91.84 and 92.04