Sensex, Nifty to open on a flat note:
The indices are set to open on a flat note. Asian markets
opened in the green as overnight US indices rallied as markets looked beyond
earnings & fresh merger activity re ignited the bulls.With strength in the
US $ now being priced in globally liquidity seems to buy stock as merger talk
in large telecom players saw bulls back in action. Energy, banks & telecoms
led from the front as emerging markets led by China moved up.
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Rupee opens down by 8 paise:
The rupee opened lower by eight paise at 66.93/$ as against
the previous close of 66.85/$.
Top 10 stocks in focus today:
Tata Group stocks, Dr Reddy’s
Laboratories, Asian Paints, Idea Cellular, HDFC Bank, ONGC, Bharti Infratel, GTL
Infra, Reliance Capital, Tata Metaliks.
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