Indian Stock Market Tips by Technical Analysis

The Indian rupee started the trade on a positive note on Monday. The currency climbed 19 paise to 61.43 per dollar against Friday’s closing of 61.62.

GLOBAL MARKETS ROUNDUP
Asian shares gained on Monday after U.S. jobs data pointed to solid economic growth, with Hong Kong leading the gains after regulators set a date for the opening of a long-awaited trading link between the Hong Kong and Shanghai stock exchanges.

The S&P BSE Sensex turned negative after rallying 159 points to a record high of 28027.96, led by losses in L&T, ICICI BankBSE -0.73 %, Tata Motors and TCS.

LOCAL MARKETS PREVIOUS CLOSE
• BSE index 27,868.63 (down 0.17 pct)
• NSE index 8,337.00 (up 0.20 pct)
• Rupee 61.6425/6525 per dlr (61.41/42)
• 10-year bond yield 8.21 pct (8.19 pct)
• 5-year OIS rate 7.38 pct (7.36 pct)
• 1-year OIS rate 8.00 pct (7.97 pct)
• Call money 8.10/8.15 pct (8.00/8.05 pct)

LIQUIDITY
The Reserve Bank of India said on Friday it accepted all four bids for 10.87 billion rupees ($176.79 million) at its three-day repo auction, through which it injects liquidity into the banking system.

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Business · Finance · News
Last Updated
November 10, 2014
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