Sensex, Nifty flat in early trade:
Sensex is trading at 26,322 up 23 points, while NSE Nifty is
trading at 8,105 down mere three points. Moody's has affirmed India's Baa3
rating and the positive outlook but no upgrade is on the anvil.Global cues turned weak as profit booking sets in after a week of heady gains
both on the indices & bond yields. With US dollar also weakening emerging
markets saw a relief rally with Brazilian index up almost 2% even as most
European markets ended in the red.
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Rupee depreciates 20 paise :
The Indian Rupee closed lower by 20 paise at 67.94/$. The
local unit hit a high of 67.66/$ and a low of 68.41/$ today.
Top 10 stocks in focus today:
Bharti Airtel, Greenply
Industries, Indraprastha Gas, Petronet LNG, Voltas, Shipping Corporation of
India, Engineers India, Crompton Greaves Consumer Electricals, Axis Bank.
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