"BUY DLF 165 PUT@2.70 TGT 3.85/4.20 SL 1.4"
"BUY HINDUNILVR FUTURE ABOVE 932.40 TGT 934.90/938.85 SL 925.50"
The market gave a muted reaction to
Urjit Patel’s appointment as the new RBI Governor, with both indices slipped
into negative territory. Reserve Bank of India deputy governor Urjit
Patel as new RBI governor. Patel is known for his hawkish view on inflation
just like Raghuram Rajan whose term as the RBI governor ends on 4 September
2016. Patel will take charge as RBI governor for a 3 year term from 4 September
2016. The Sensex ended with a loss of 91 points at 27956. The Sensex opened at
28088 touched an intra-day high of 28143 and low of 27918. The Nifty closed
with a loss of 38 points at 8629. The Nifty opened at 8667 hitting a high of
8685 and low of 8614.