Penny Stock Tips Today: Asian Market is Down

The S&P BSE Sensex halved its early morning gains of over 200 points to trade in a range on Monday morning trade led by gains in ITC, ICICI Bank, RIL, Axis Bank, and HUL.



The Nifty50 was also trading rangebound, testing its crucial psychological support level of 7,800.  The broader market traded in line with benchmark indices with the BSE Midcap and Smallcap gaining 0.37 and 0.56 per cent, respectively.



Shares of ITC, Just Dial and Nalco surged over 7 per cent in early morning trade after positive March quarter numbers.



The rupee appreciated 16 paise to 66.28 against the us dollar in early trade on Monday, tracking firm cues from other Asian currency markets .



The domestic currency had settled at 67.44 on Friday, the lowest level for the local unit since March 2.

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Posted in: Indian Market Tips