Rupee under Pressure, Sensex Nifty Broke Down

Rupee is going through a high pressure after dropping to the lowest of last 28 months. With the loss of 27 paise against the Dollar, Rupee touched the level of 67.50 today. 

After a nice opening in the morning, stock market broke down all of a sudden during the after noon. Sensex is at 24480.34, after dropping by 292.63 points and Nifty is at 7441.15 after losing 95.65 points. Realty Sector is facing the loss of 1.40%, Auto Sector is having loss of 0.5%, IT Sector having gain of 0.57% and NSE Energy Sector rose up by 0.68%.

Drop in Sensex & Nifty with Recovery in Gold & Silver

Rupee opened at 66.69 with the loss of 11 paise against the Dollar. Reliance Industries Shares went up to the top of last 3 months and currently live at 1035 with the gain of 29.85 points. Energy sector Index is moving up with the rise of 1.5%. 

In Index Market, both Sensex and Nifty are moving downward with the respective loss of 141.84 and 37.70. BSE Midcap Index received the hike of 0.41%, ans Smallcap Index received the hike of 0.51%. 

In Commodity Market, Gold live at 25510 with the of 91 points and Silver live at 33378 with the hike of 47 points. 

Expert Advice to Buy Bharat Forge Ltd for Target 920 & Sell Copper Feb for Target 307.10 

For Expert Recommendation, Give a Missed Call on 8359806896.

Latest Trading Tips with Equity Market Updates

Wednesday Morning gave a great opening for Indian Stock Market. Nifty and Sensex started with a little pace and Banking stocks boosting up high. 

In NSE, Metal sector and Energy sector are moving with the hike of 1.80% and 1.39% respectively, although most of the index sectors are moving up with the minimum hike of 0.5% . Currently, Sensex live at 25814 after gaining 224.24 points and Nifty live at 7852.90 by hiking 66.80 points. 

Expert Recommend to Buy Nifty Future with the target of 7,885.00 and Buy Union Bank of India with the target of 153.80