FUTURE TRADING TIPS: Sensex rallies over 100 points; banking, auto gain

 The S&P BSE Sensex is trading at 24,442 up 121 points, while NSE Nifty is trading at 7,436 up 32 points.

The BSE Mid-cap Index is trading up 0.59% at 10,202, whereas BSE Small-cap Index is trading down 0.29% at 10,472.

Adani Ports, Tata Motors, Axis Bank, Hero MotoCorp, Sun Pharma, ICICI Bank, L&T and Wipro are among the gainers, whereas Tata Steel, Lupin, GAIL, Cipla, NTPC, Maruti Suzuki and Bharti Airtel are losing sheen on BSE.

Indian Rupee opened at 67.66/$, down by 12 paise in early trade on Friday as against the previous close of 67.54/$. Yesterday rupee rebounded strongly against US dollar, as the greenback has moved substantially lower against the basket of currencies. US dollar tumbled to 1.12 levels against the Euro, breached the 117 barrier on the yen and weakened to 1.46 against British pound.

Some buying activity is seen in banking, basic material, finance, auto, industrial, metal, teck, pharma and IT sectors, while utilities, oil and gas and power sector are showing weakness on BSE.

FUTURE TIPS:  SELL WOCKHARDT FUTURE BELOW 984 TG 978, 970, 960 SL 994,