Stock Tips 6-July-2012

Stock Market Closing  : 5-July-2012 
Nifty Updates On : 5-July-2012

Nifty Technical Levels :6-July- 2012
Stocks to buy : 6-July- 2012   

BSE SENSEX and NIFTY traded slightly higher in a range bound session for the fourth consecutive day. Markets are continuously trading flat as passing through the consolidation phase waiting for a trigger to get a certain direction. As for as, global front is considered, investors are keenly eying the European central bank’s decision to get the fresh monetary stimulus. Indian rupee depreciated by 57 paise on today’s session or by 1.07 percent at 55.05 against the DOLLAR. However Banking stocks led the rally as banking major ICICI BANK, HDFC BANK and KOTAK BANK surged 2.15%, 1.15% and 1% respectively while STERLITE, BAJAJ-AUTO and SESAGOA limited the gains.

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