The stock market has opened flat on Friday after deep cut seen yesterday. The BSE Sensex is up 55.16 points to 26426.15 and 50 share index Nifty is up 10.25 points to 7976.00.
Bajaj Auto, Reliance, Wipro, Infosys, and Bharti Airtel are top gainers in the Sensex. Among the losers are Tata Motors, Vedanta, Sun Pharma, Coal India and Axis Bank.
The Reserve Bank Of India allowed Non Resident Indian (NRI) to invest in chit funds on non repatriation basis without any ceiling, a move that will encourage flow of capital into the country.
Stock Market Trading calls for Today’s
PNB: Sell - 132.4, Target - 129, stoploss - 134.25
IOB: Sell - 37 goals - 33, stoploss - 38