Tuesday, December 4, 2012

Share Market Trend Today 4 December

Good Morning readers, stock market today opened flat ahead of the weak Asian cues. At 9.15 a.m., the 30-share BSE index Sensex was up 5.54 points (0.03 per cent) at 19,310.86 and the 50-share NSE index Nifty was down 0.35 points (0.01per cent) at 5,870.60. On the currencies front The Euro hits a six week high as Spain requests for a bailout. The Euro is above 1.30 to the Dollar. Meanwhile, the Dollar index slips below the 80 mark.

Active Stocks For Today :-

Essar Oil, Aviation stocks would be on the radar today, jet airways, With effect from December 7, Reliance Mediaworks, GEI Industrial Bag Films and Shree Asthavinayak will be in trade-to-trade segment.

Expert's Recommendations :-

Yesterday was a very narrow range day, I expect a lot more choppiness today. In this choppiness, there should be only one view i.e every time there is a sharp correction, go long on the index.


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