Important Share Tips & Updates by Research Via

indore, M.P.(India), January 20, 2016 (Newswire.com) - Today's Share tips & update : Sensex plunged more than 400 pts in morning trade to touch its fresh 52-week low of 24,101.50, led by losses in ICICI BankBSE -2.88 %, HDFC Bank, RIL, HDFC, L&T and M&M.

The Nifty-50 slided over 100 pts to touch its fresh 52-week low of 7309, weighed down by losses in realty, power, metal, oil & gas, capital goods, & stocks of banking sector.

Top focusing stocks for today :

1. Ferro Alloys Corporation

2. Zensar Technologies' Ltd

3. RIL Ltd

4. Ashok Leyland Ltd

5. Reliance Power Ltd

6. IDFC Bank

7. HDFC Ltd

8. Alok Industries Ltd

Equity market : The Indian equity market has fallen down by 6.27% this year so far; but when compared with other world stock markets, it's relatively better placed and had performed better than most of the larger markets. In the growing markets space, China's Shanghai Composite has dropped by 15% in 2016 so far, while Russia and Brazil has declined 11% and 12%, respectively. India has also performed better than developed markets.

Currency update : The INR(rupee) resumed its downtrend by falling 29 paise to 67.94 as compared the USD in early trade, tracking mixed cues from currencies od asia.

In the meantime, China's main stock indexes unlocked lower after the country's securities regulator declared a new batch of initial public offerings, despite the central bank's pledge to ease short-term liquidity. The CSI300 index fell down 0.4 per-cent to 3,209.89 pts at 1:31 GMT, while the Shanghai Composite Index lost by 0.4 per-cent to 2,996.85 points.

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