Here are derivative strategies for some index stocks from Geojit BNP Paribas in trade today
New Zealand's Reserve Bank made a surprise rate cut raising hopes of further stimulus from the ECB
At 1:55 pm, the S&P BSE Sensex was at 24,543, down by 103 points while Nifty50 was at 7,451, down 33 points
One should be stock specific & follow the trend with stop loss levels till it reverses
Indian equity, forex, money and commodity markets will remain closed today on account of Mahashivratri.
At 2:15pm, the S&P BSE Sensex was up 40 points at 24,646 and Nifty50 was up 19 points at 7,488
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476
Strong US jobs data and gains in the commodities is likely to aid the rally
Hind Rectifiers, Kalindee Rail, Texmaco Rail, Stone India, Simplex Castings, Kernex Microsystems Titagarh Wagons have eased between 2%-5%