Market had taken quick movement fall 31 points at 11:00 pm suddenly after a positive movement in opening session. Bnaking shares down, Bank Nifty go down 176 points, CNX PSU Bank Index Fell 68 points, after announcing of RBI to unchanged Repo rate and Holding CRR at 4.25%.
Auto, infra, pharma stocks up. IT, Commodities, Energy stocks down.
Source said AbuDhabi’s Etihad Airways will buy part of stake either Jet airways or Kingfisher Airlines in next week for starting operations in India. This deal would be first since Indian Government allowed foreign investment in domestic airlines at September.
Jet Air ways shares gained 7.15% touched high 639.00 in ealy morning trading session. Kingfisher Share traded at 17.05 up 0.15 points.
Intraday Stock tips
Buy Jet Airways, Target 640.00 SL 622.00.
Buy Sesa Goa , Target 199.00 SL 192.00.
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