India’s leading Exchange BSE Sensex gained over 150 points in the morning hours on Tuesday as investors took long positions ahead of quarterly results from bluechip companies and positive Asian cues.Top performers on BSE NCC, Andhra Bank, and Jet Airways at 12:12 IST. Top losers on the Index are Havels dropped 5.38% to 512.50. Religare maintained its downward journey dropped 2.68% to 43.50.Metal stocks and Aviation stocks have seen in green zone today.Metal stocks such Jindal Steel & Power Ltd rose 3%, , Steel Authority Of India 2.4%, Vedanta Ltd 2.3%, JSW Steel Ltd rose 2%, NMDC up by 1%. Aviation stocks Jet Airways India Ltd surged 5%, SpiceJet Ltd rose 3%, InterGlobe Aviation Ltd was up 2%.
Asian markets opened today with mild gains Nikkei gained 0.17%, and Hong Kong’s Hang Seng was up 0.12%, while Shanghai Composite Index up 0.09% in early trade. The US Dow Jones dropped 0.23% on Monday.
Top Picks: Buy HDFC for Target of 1850 with Stoploss of 1650. Sell Infosys for the target of 900 with stop-loss of 969
Asian currencies were trading higher today as the markets anticipating European Central Bank policy review and US President Donald Trump decision on the next Meeting of the Federal Reserve. Japanese yen was up 0.09%, South Korean won was up 0.21%,Singapore dollar 0.15% ,China renminbi 0.16%, Taiwan dollar 0.07%, Thai baht 0.07%. The dollar index was trading down 0.24% to 93.705, down 0.24% from its previous close of 93.936.
