Friday 8 June 2012

Stock Tips 11-June-2012

Stock Market Closing  : 8-June-2012 
Nifty Updates On : 8-June-2012

Nifty Technical Levels :11-June- 2012
Stocks to buy :11-June- 2012
   

BSE SENSEX and NIFTY traded lower on FRIDAY, rebounded smartly in last trading hour ended with 0.42 percent and 0.37 percent respectively. Indian markets recovered almost 5 percent this week resulting highest ever weekly gain in 2012. Markets got the momentum as positive opening of European markets, and appreciating rupee along with short covering fuelled the rally. Indian rupee recovered by 25 paise at 55.44 against the DOLLAR from day’s low 55.69. Investors also eyed the Reserve Bank of India’s monetary policy schedule to be announced on 18TH JUNE. However L&T, Sterlite and Reliance Industries topped the buying list while Cairns, Maruti and ONGC put the pressure over the gains.  
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