08 August Equity market up, Free stock tips, Money Maker Research

The Market is likely to be open higher indicating a strong. Global cues are strong Asian share rose on Monday and the dollar stood tall after a stronger-than-expected July jobs report lifted confidence in the strength of the US economy-Heightening expectations that the US federal reserve could hike interest rates the year.

Stocks in news- AMBA enterprises Ex date date for 1:5 bonus. CIL, NMDC, MOIL, NALCO, BEL-30 PSUS to buy back shares to AID government’s divestment plan. HDFC/MAX life merger ratio to be 10:24 bhushan steel approved issue of 38.5 LK redeemable cumulative preference shares of Rs 100 each and increase in share capital from Rs 285 Cr to Rs 300 Cr.

Live 11:10 AM, The 30-share BSE Sensex is trading up 86.99 points or 0.31% at 28165.34 and the 40-share NSE nIfty is trading gain 25.05 points or 0.29% at 8708.20.

Among Hindalco 4.31%, BPCL 3.62%, Lupin 1.73%, Tech-mahindra 1.72%, Tata Mtrdvr 1.66% were top gainers while IDEA 3.15%, Bharti Airtel 1.61%, Infratel 1.26%, NTPC 1.21%, Tata Steel were top losers in the NSE.

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