There is a spectacular recovery in the rupee against the dollar yesterday. 1 dollar price has come down to Rs 60. On Friday, the last trading day of the quarter, and this quarter has seen weakness in the rupee. About 8.5 per cent since April has arrived at Rs.
On Friday, 80 rupee against the U.S. dollar closed at 59.39 with a surge of money. Yesterday the rupee against the dollar opened at 60.02. On Thursday, the rupee against the dollar closed at 60.19.
Market closing position:-
SENSEX:- the Sensex closed up 519.86 pts or 2.75% at 19395.81 and it was market high levels 19432.94 and low levels touched 19093.18.
Nifty:- the nifty closed up 159.85 pts or 2.81% at 5842.20, it was intraday market high levels touched 5852.95 and low levels touched 5749.50.
Bank Nifty:- the bank nifty ended 352.35 pts or 3.12% at 11640.00, it was high levels touched 11669.40 and low levels touched 11370.00.
Key gainers stocks:- Jindal steel 7.40%, BHEL 7.33%, Reliance infra 6.53%, BPCL 6.32%, Tata power 6.20%, Gail 6.00%, JP Associate 5.48%, Coal India 5.19%.
Key losers stocks:- HCL tech 2.81%, Ranbaxy 2.39%, Hindustan uniliver 0.54%.
Tomorrow Monday 1 July best sure stocks trading call:-
BUY Tata motors with targets 285/286/288 Stop loss 285
SELL Coal India with targets 300/299/298 Stop loss 310
SELL BHEL with targets 173/172/171 Stop loss 178
BUY Ranbaxy with targets 325/330/335 Stop loss 296