Friday, March 24, 2017

Today's Stock Market Recommendation & Opening Bell by ABR Venture

Equity benchmarks started off last day of the week on mildly positive note, with the Nifty reclaiming 9100 level, backed by banking & financials and FMCG stocks.

The 30-share BSE Sensex was up 40.77 points at 29,372.93 and the 50-share NSE Nifty rose 10.20 points to 9,096.50. About 560 shares advanced against 192 declining shares on the BSE.

Bharti Airtel rallied 2 percent in early trade as the company will acquire Tikona Digital Networks’ 4G business for Rs 1,600 crore. Yes Bank was up over a percent after its QIP subscribed over 2.5 times.

The Indian rupee gained marginally in the early trade. It has opened at 65.48 per dollar versus previous close 65.52.

ABR Opening Bell:
Nifty 50 Fut-9117.85,+10.20
Nifty Bank Fut-20989.75,+37.00
Sensex-29350.60,+18.44
USDINR -65.48

www.abrventure.com

0731-6507888

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