The stock market fell marginally in early session Tuesday. The BSE Sensex down 76.18 points to 28110.88 and the NSE Nifty slipped 24.80 points to 8518.25. About 848 shares have advanced, 587 shares declined, and 89 shares are unchanged on the Bombay Stock Exchange.
Coal India, Lupin, HDFC Bank, BPCL, PNB and HCL Tech rose 0.7-1.6 percent while Tata Motors, Infosys, ONGC, Wipro, Dr Reddy's Labs, Cairn India, Tata Power and IndusInd Bank lost 0.2-1 percent.
The Indian rupee opened marginally lower by 5 paise at 64.09 per dollar today against a previous close of 64.04.
As expected the Reserve Bank of India (RBI) has kept key rates unchanged in its monetary policy review. The market is still weak as the Sensex is down 211.44 points or 0.7 percent at 27975.62, and the Nifty is down 36.65 points or 0.4 percent at 8506.40.
Free Stock Market Intraday Tips
Buy JK Lakshmi Cement with a stop loss at Rs 343 and target of Rs 364.50
Buy PTC India with a stop loss at Rs 70.80 and target of Rs 75.60
Buy Magma Fincorp with a stop loss at Rs 90.50 and target of Rs 97.30
Buy Hindustan Zinc with a stop loss at Rs 158 and target of Rs 168.60
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