3 july Basic index strategy in stock market for clients

After the wednesday record high once agian indian stock market opened in green terrain. The Sensex is at 25914, up 78.04 points while the Nifty is at 7739.60, up 14.55 points. Wipro, Tech Mahindra, BPCL and Bharti are top gainers while Bajaj Auto, Hero, Hindalco, Dr Reddy’s and HCL Tech are major losers in the Nifty.

The Indian rupee opened flat at 59.67 per dollar versus 59.69. US dollar clings onto modest gains, having risen broadly on the back of a report that showed solid hiring in the US private sector.

Hero MotoCorp Ltd is a ‘BUY’ call with a target 2641/2666/2691 and a stop loss of Rs 2654


Adani Enterprises Ltd is a ‘BUY’ call with a target 512/527/542 and a stop loss of Rs 470


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