It was a cautious mood at the start for markets today, with the Sensex inching up 50 points, as the countdown begins for release of key IIP and inflation data later in the day. Shares overseas cut a sorry figure as geo-political tug-of-war over the Middle-East and the Korean Peninsula weighed.
The Sensex slipped 67 points, or 0.23 percent, at 29,576. Sectoral indices led by metal, oil and gas, realty, banking and auto goods hit a sweet spot. The gauge had gained 213 points yesterday. The Nifty dropped 19 points, or 0.21 percent, to 9,183.
Base metals prices expect to trade range bound for the day as concerns about oversupply continued to d rag as the world's top two copper mines look to recover from disruptions.
Commodity Tips By Expert
Sell COPPER Apr in the range of 366-365 targets 360/355 Stop loss 370.
Stock Tips By Expert
Buy Engineers India Limited at above: 159.39 Targets: 156.48 - 160.68 - 158.91 - 165.17 Stop loss : 156.25
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