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Good morning friends,
Today's market looks in the mood of lethargy. International markets witnessed effect on the market is weak signals. But "Pinnacle Financial" analyst says “by March 2015 Sensex target at 30000 and Nifty is at 9000-9500.” According to it Tire shares are good trading side. Valuation of Gov. Bank are cheap. Also featured is a chance to purchase private banks.
The BSE Sensex index fell 84 points, ie, 0.31% is trading at a level of 27235. The NSE Nifty index shed 0.36%, with 28 points, ie is trading at 8145.15. But Power, Auto, Pharma and FMCG stocks are seeing light shopping.
0.04 percent on MCX Gold October futures is trading at Rs 27192 with light speed. September futures with a gain of 0.07 percent while silver remains at Rs 41834. With 0.7 per cent growth in crude oil is trading at Rs 5627.
Crude Oil calls -
MCX crude oil: Buy September futures at Rs 5560 target Rs 5640 stoploss Rs 5530
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