Market Today : WPI Inflation data

The Wholesale Price Index (WPI)-based inflation for December came in at 7.18 per cent, lower than the 7.24 per cent level seen in November. The December WPI inflation data was also much lower than the 7.74 per cent recorded in December last year.

Infosys shares extended their rally on Monday, gaining more than 4 percent, as Barclays raised its rating on the stock to "overweight" from "equal weight" and JPMorgan upgraded it to "overweight" from "neutral." It is enough to say that the worst is behind them, but whether they will sustain this kind of sequential growth remains to be seen.

Tip of the Hour :- Inflation data beat market expectation watch fireworks in banking stocks, catch DCB.

In the meanwhile, Wishing you all a Very Happy Makar Sankranti !

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Free Stock Tips On Mobile 14 December

Traders will be eyeing the important event of inflation numbers, scheduled to be announced later in the day, however it is likely that inflation picked up in November as imported fuel got costlier due to weak rupee.

Intraday Stock Tips for Today 14 December :-

1. BUY Bhushan Steel Ltd. Intraday Target 459.85   Stop Loss 439.85.

2. BUY United Spirits Ltd. Intraday Target 1995   Stop Loss 1820.

3. SELL NMDC Fut 160 Stoploss 161.50 Target 156.

4. BUY Auropharma FUT 187.50 Stoploss 186 Target 192

Get These Free Tips On Mobile, Fill The Form------>>

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