Today Indian market has opened weak, Sensex falls 322.95 points or nifty down 126.15 points. About 133 shares have advanced, and 199 shares declined and 25 share are not changed.
The 30 share Sensex now falls 372.59 points at 18995.00 and The 50 share nifty now down 132.40 points at 5609.90.
The rupee may weaken further as inflation surged to 5.79 percent. Sustained dollar demand from importers, especially oil firms may underpin the dollar against the rupee. The currency may range between 61.28-61.70/USD.
BSE gainers:- Essar Oil, Gitanjali Gems, M&M, Torrent power, Hero motocrop, Apollo, Neyveli, Amara Raja, HCL Tech, Wipro.
BSE losers:- Titan Ind, Jain, Jaiprakash power, Axis bank, United Ltd, Yes bank, DLF, JSW Engery, IDFC, Prestige, bank of baroda.
Live market stock future and Option call put trading tips for today 16 Aug
OPTION CALL : BUY DLF 160 put above 11.50 Targets 12.50,13.50,14.50 Stop loss 9.50
OPTION HNI CALL : BUY TITAN 250 put above 14 targets 16.50,19 Stop loss 10
SELL Tata motors with targets 311/310/309 Stop loss 318
BUY DLF with targets 152/153/154 Stop loss 140