Sensex Remains Weak Amid Lackluster Trade

Sensex Remains Weak Amid Lackluster TradeAfter a jerky session during morning, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) remained quiet a little before noon.

The Sensex, which belled the day at 17,911.13, was trading 8.23 points up at 17,917.69 as against its last closure at 17,909.46.

In contrast, the broad-based Nifty remained flat at 5,384.15, up 0.1% as against its last closure at 5,378.75.

The BSE midcap index surged 0.4% the BSE smallcap index grew by 0.77%.

Hold SBI With Target Of Rs 2490

Hold SBI With Target Of Rs 2490Stock market analyst Anil Maghnani has maintained 'buy' rating on State Bank of India Ltd stock with short term target of Rs 2490.

According to analyst, the investors can buy the stock with stop loss of Rs 2424.

Today, the stock opened at Rs 2440 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 144.37 and 16.96 respectively.

The share price has seen a 52-week high of Rs 2500 and a low of Rs 1599.40 on BSE.

The Cabinet, on July 15, has sanctioned the acquisition of State Bank of Indore by SBI.

Buy Sun Pharma With Stop Loss Of Rs 1680

Buy Sun Pharma With Stop Loss Of Rs 1680Stock market analyst Vijay Bhambwani has maintained 'buy' rating on Sun Pharmaceutical Industries Ltd stock with a target of Rs 1820-1825.

According to analyst, the investors can buy the stock with stop loss of Rs 1680.

Today, the stock opened at Rs 1755 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 65.23 and 26.62 respectively.

The share price has seen a 52-week high of Rs 1846 and a low of Rs 1159 on BSE.

Hold Indian Overseas Bank With Stop Loss Of Rs 103

Hold Indian Overseas Bank With Stop Loss Of Rs 103Stock market analyst Mileen Vasudeo has maintained 'hold' rating on Indian Overseas Bank stock to achieve a target between Rs 125-127.

According to analyst, the investors can hold the stock with stop loss of Rs 103.

Today, the stock of the company opened at Rs 110.50 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 8.78 and 12.56 respectively.

The share price has seen a 52-week high of Rs 141 and a low of Rs 79 on BSE.

The Indian rupee will have its own symbol

The Indian rupee will have its own symbolIt has been announced that the Indian rupee will have its own symbol form now onwards. The symbol is a mix of the Devanagri ‘Ra’ and Roman ‘R’. This new symbol for the Indian rupees has been designed by Mr. D. Uday Kumar.

However, the symbol is yet to be approved by the Union Cabinet. This has been informed by the Union Information and Broadcasting Minister Ambika Soni.

She has conducted a press meet after the Cabinet meeting.

Heavy tea drinkers can come across with bone problems

Heavy tea drinkers can come across with bone problemsMedical College of Georgia has conducted a new research on tea which shows that Heavy tea drinkers can come across with bone problems.

They discovered that fluoride concentration in black tea is much more than expected.

Dr. Gary Whitford, Regents Professor of oral biology in the School of Dentistry said that normally intake of two to four cups of black tea in a day will not cause any harm but intake of large amount of tea in a day can cause serious health problems.

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