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MoneyMaker Research News – Best Stock, Commodity Tips for Today

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best stock tipsThe Indian Rupee beat firmness v/s USD in early trades on Tuesday, 22 August 2017 on bigger selling of the US currency, by exporters and banks. In addition, the weakness of USD against major currencies overseas and a pickup in domestic stocks opening kept the domestic unit in good mood. The Rupee opened at Rs 64.06 against the USD but fell to a low of 64.09 so far during the day. The rupee gained 5.90% while FII’s bought USD 7.35 billion in equity market and USD 19.06 billion in debt markets, so far this year.

Live Market Update: At 12 PM, the BSE Sensex was trading at 31,366 up 107 points, whereas NSE Nifty was alongside at 9,795 up 41 points. A total of 15 stocks hit a fresh 52-week high in trade, while 48 stocks registered a new 52-week low on the NSE.

Rising Stocks: Dr Reddy Laboratories was top gainer in the index trading at Rs 1,975.95share apiece, up by 2.32 percent. In parallel, Lupin and Divi’s Lab are also trading in positive terrain higher by more than 1 percent.

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ITC Stocks rallied over 6 percent on the previous day of trade

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ITC, ITC Share Prices, Stock NewsThe ITC Ltd stock has projected a bearish outlook in today’s session registering weak trading of over 1 percent at Rs 300.45/ share on BSE, in the mid noon hours.

ITC share rallied over 6 percent on the previous day of trade, its single biggest gain in 14 months. The stock has also traded on a new 52-week high of Rs 304.90 share apiece, on BSE and Rs, 304.80 share apiece on NSE on the previous day trade.

The stock today attracted a traded volume of Rs 10,153,037 shares and a traded value of Rs. 30,486.52 lakhs on National Stock Exchange. Meanwhile, FMCG index was trading in bearish sentiments plunging over 153 pts or 0.61 percent at 25,076 levels.

ITC shares is presently trading at Rs 300.2, down by Rs 3.45 or 1.14 percent from its last closing of Rs 303.65 on the BSE. The scrip opened at Rs. 302 and has touched a high of Rs 303.75 and a low Rs 298.3. The current market capitalization of the company is Rs 3,68,855.29 crore. The holding of promoters in the company stood at zero percent, Institutions held 55.76 percent and Non-Institutions held and 44.04 percent.