Equity Market Trading Tips & Their Updates

Indian markets settled flat after witnessing a roller coaster ride. High volatility materialized after the RBI kept its main lending rate unchanged in its fourth bi-monthly monetary policy review. PSU OMCs gained ahead of revision in fuel prices. Sensex went up by 33 pts to 26630 & Nifty flat to positive, up by 6 pts to 7964. European markets up. Sensex, Nifty flat; Equity benchmarks started October month on a flat note with the Sensex falling 2.97 points to 26627.54 and the Nifty declining 5.95 points to 7958.85 while the broader markets saw marginal gains. The BSE Midcap and Smallcap indices gained 0.3 percent each. About 596 shares have advanced, 254 shares declined, and 27 shares are unchanged.Auto sector will remain in focus today as all auto companies are going to announce their September auto sales data.Strong volume growth is expected across all segments on the back of improvement in the demand scenario in the past 2-3 months. Hero Motocorp's total September sales came in 30 percent higher at 6 lakh units; the stock gained 2 percent. Wipro extended gains, up nearly 2 percent. TCS, Sesa Strelite and Dr Reddy's Labs are top gainers in the Sensex. Among the losers are GAIL, ITC, Tata Steel, Tata Power and HDFC. The Indian rupee declined in the early trade. It has opened lower by 18 paise at 61.93 per dollar against 61.75 Tuesday. For More detail Visit Our Site -- http://www.gravitaresearch.com/includes/free_trial.php