FUTURE TRADING TIPS FOR 2 MAY 2016



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The market has opened lower on the back of weak global cues. The Sensex is down 176.29 points at 25430.33, and the Nifty is down 51.10 points at 7798.70.

ICICI Bank, M&M, Dr Reddy's Laboratories, BHEL and Wipro are the top loser, while Axis Bank, HDFC, Lupin, Hero Motocorp, BPCL and YES Bank are the top gainers. 

The Indian rupee opened lower by 8 paise at 66.41 per dollar on Monday against 66.33 Friday.
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Bajaj Auto's April total auto sales is down 2 percent at 3.3 lakh units versus 3.36 lakh units, Y-o-Y.
 The company's motorcycle sales up 2 percent at 2.92 lakh units versus 2.86 lakh units.
The exports down 36 percent at 1.04 lakh units versus 1.62 lakh units. Its 3-wheeler sales is down 24 percent at 38,211 units versus 50,483 units.

BUY UPL FUTURE ABOVE 552 TG 554, 557, 561 SL 549,





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