Get Live Indian Share Market Tips, free Intraday Tips and Stock Market Updates to earn maximum profits inday trading because trader has to buy and sell his stocks in the same day before the market closes so in this field Money CapitalHeight Research Pvt. Ltd. provides intraday stock tips, Equity Tips, The market rebounded on Wednesday after a sell-off in previous two consecutive sessions.

Market Outlook:-

The market rebounded on Wednesday after a sell-off in previous two consecutive sessions.

The 30-share BSE Sensex rose 208.93 points to 25109.39 and the 50-share NSE Nifty climbed 63.25 points to 7660.25.

Lupin, Tata Motors, ICICI Bank, Sun Pharma, Hindalco Industries, Vedanta and UltraTech Cement topped buying list in early trade.

The Indian rupee has opened marginally higher at 66.48 per dollar today against previous close of 66.54.

Asian markets too are trading in the green.

Equity benchmarks continued to hold early gains with the Sensex rising 193.42 points to 25093.88 and the Nifty climbing 60.95 points to 7657.95. Banks, FMCG, oil, auto and pharma stocks gained.

Shares of Healthcare Global Enterprises, the cancer-care network operator, started off trade on a negative note despite positive market trend. The stock listed at Rs 210.20 on National Stock Exchange, down 3.6 percent compared to issue price of Rs 218. It fell nearly 20 percent in early trade to hit day’s low of Rs 175 after seeing a high of Rs 211.90.

Sakthi Siva of Credit Suisse says while the slowing in China’s return on equity (RoE) is well recognised and a key reason why MSCI China trades at a 27 percent discount on price-to-book versus RoE valuation model, she suspects most investors have not noticed a similar slide in India’s RoE.

India’s RoE has halved from its 2005 highs and its current level of 12.3 percent is similar to China’s 12.2 percent, she adds.

Shares of Nitco Tiles rallied 12.5 percent, Kajaria Ceramics 2.5 percent and Somany Ceramics 3.5 percent intraday after imposition of anti-dumping duty on vitrified tiles.