Ads 468x60px

Related Posts Plugin for WordPress, Blogger...


Wednesday, 15 May 2013

16/05/13 May Tomorrow Stock Tips India, Today Sensex surges 490 points; Nifty scales 6,100 level

Record Level of Today- The S&P BSE Sensex and the Nifty extended intraday gains towards the end of the session on Wednesday and closed nearly 500 and 150 points higher respectively as foreign institutional investors pumped in dollars on hopes of interest ratecuts by the Reserve Bank of India at its policy meet next month.

India's headline wholesale 
inflation eased below 5 per cent in April, dropping within the central bank's comfort zone for the first time in more than three years.

"We expect the RBI to cut policy rates 25bp on June 17 and have preponed another 25bp rate cut to July 30 from October. To improve bank liquidity to soften lending rates, the RBI should continue to OMO (Rs 1600 billion BAMLe) in FY14, assuming 50bp CRR cut in 2HFY14," said Bank of America Merrill Lynch report.

The 30-share index registered its biggest gain in terms of points in at least one year to close at 20,215.30, up 493.01 points or 2.50 per cent. It touched a high of 20,241.96 and a low of 19,798.18 in trade today.

The Nifty closed at 6,142.25, up 146.85 points or 2.45 per cent. It touched a high of 6,157.10 and a low of 6,018.85 in trade today.

Tomorrow stock tips India 16 May Free intraday nifty trading tips calls-
Buy- Bajaj Finance with Target of Rs. 1410/1412/1435.00 SL- 1470.00
Sell- NIIT Technology with Target of Rs. 260/258/256/254.00 SL- 266.50
Buy- Tech Mahindra Ltd with Target of Rs. 958/962/966/970.00 SL- 940.00



abhishek patel said...

Get daily 15 May and daily free Commodity Tips and India Stock Calls , stock trading calls,
MCX TIPS, NCDEX Tips, Commodity calls, Trading Tips, Bullion Tips, Stock tips, Nifty Tips, get Free trail
Commodity Trading Calls

Online Commodity Tips said...

Hello Friends.. your blog super and help full information and sure stock news…. But I am stock advisory firm and intraday & future sure call, best news… earn full profit…. Visit now.. Nifty future tips and tomorrow stock call

Post a Comment