Today 30/08/2013 Nifty SENSEX Flat Rupee Again Down NSE Intraday Free Calls SBI increase Intrest rate on Bulk Deposite

30 August 2013 Friday Morning Indian stocks Nifty SENSEX Market opened in Mixed note. NSE Nifty opened in bearish note at 5,407 and Bombay Stock Exchange SENSEX opened in Bullish note at 18,424.72. At now 10:35 am CNX Nifty was at 5,452.65 up by 43.60 points, while S&P SENSEX was at 18,580.14 up by 179.10 points.

On Thursday, after showing great recovery is sluggish today. Rupee trick again against the U.S. dollar today fell 45 paise to open at 67. Although the rupee against the dollar in early trading broken to 67.30. The rupee against the dollar on Thursday closed at Rs 66.55 with poitive changes of 2.25 Rs.

State Bank of India on Thursday increased interest rates by up to 1.5 percent on bulk deposits of over Rs 1 Crore. The interest rate for bulk deposits for the tenors 7-60 days will be 9%. Fixed deposits between 61 days to less than one year will be 8.25%.

Today 30/08/2013 Nifty Free Equity Intraday calls

Buy HDFC Ltd Above 588.85
TGT – 589.92/592/598 SL - 583

SELL Jindal Steel & Power Ltd Below 245.05
TGT – 244/241/234 SL - 251

BUY Mahindra & Mahindra Ltd Above 794.70
TGT – 796/799/807 SL – 785


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