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Sunday, 29 December 2013

US share flat end, European Rallies with Nifty Sensex gain, Tomorrow stock tips 30/12/13 hot intraday calls tips

Tomorrow 30/12/13 Monday Nifty Support and Resistance- 
Support is 6260.0 and Resistance is 6365.0 

Free Stock Tips for tomorrow 30 December- 
Sell- Bharti Airtel below 328.0 with TGT- 326.50/325/323.0 SL- 333.0 
Sell- Reliance Industries below 875.0 with TGT- 872/869/865.0 SL- 882.0

On Friday Global market finished positive while US market was flat in which European market rallies on Yesterday these market rose up to 1 per cent, CAC 40 finished 1.40% up while DAX and FTSE 100 at 1.06% & 0.85% respectively. 

In US market both main index finished with down fall but Dow Jones was flat, it drop 0.01% while Nasdaq down 0.25%.

In Asian share all main index finished positive with shares in China leading the region. The Shanghai Composite is up 1.36% while Hong Kong's Hang Seng is up 0.27% and Japan's Nikkei 225 is up 0.03%. 
Rupee gain 0.50% or 31 paisa against USD. 

In 2013 Indian Rupee was second worst performing currency- The Indian rupee was the second worst performer among the currencies of emerging markets in 2013, falling almost 14% against the dollar.  The US Federal Reserve's hint at tapering of bond purchases in May resulted in significant capital outflows from most Asian and BRIC countries, leading to a sharp fall in their currencies. The fall was mainly in those economies running a current account deficit (CAD), which is excess of spending overseas than earnings, as Chinese yuan and South Korea won bucked the trend due to surplus. 

Indian Share Market success to close above 0.50 per cent after consolidation movement in previous session. Nifty close above 6300 while Sensex near to 21,200 due to recovery in Rupee. Nifty closed at 6313.80 up 34.90 or 0.56% and Sensex closed at 21193.58 up 118.99 or 0.56%.


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