The Realty, FMCG and Banks records are down 0.2 percent each. The expansiveness is somewhat positive in the morning arrangements - out of 1,871 stocks exchanged on the BSE 944 stocks have propelled, while 856 stocks have declined.
In the Oil & Gas space - Cairn India and BPCL have surged 2 percent every at Rs. 185 and Rs. 865, individually. Hindustan Petroleum has hopped more than 1.5 percent at Rs. 737.
Stocks of HDFC, Larsen & Toubro, Lupin, Bharti Airtel, Bajaj Auto, Hero Motocorp, BHEL and Vedanta are top gainers, up 1 percent each. However, HUL slipped over a percent on profit booking. SBI, TCS, ITC, M&M, Axis Bank and ONGC are marginally down.
Base Metal Silver prices seen bolstered as investors propped for the likelihood that discussions with Greece over its obligation bailout would slow down or even fall.
MCX July Silver’s bearish view remains unaltered as long as prices trading below 36440 levels. Current recalls can be considered as an opportunity for fresh shorts at higher levels. However, downside targets remains at 35530 & 35035 levels.
Sell at 36450, Target of 35500, SL at 36900