On Wednesday, Equity market reclimbed marginally and continued to consolidate for the third consecutive session. Nifty around its crucial support level of 8,650. Sensex hovering its crucial level of 28,000. Sensex was trading at 28,027, up 37.13 points or 0.13 percent. It touched a high of 28,108.39 and a low of 28,003.51 in morning trade. Nifty rising 7.60 points or 0.09 percent at 8,640. It touched a high of 8,661.05 and a low of 8,633.80 in early trade.
BSE midcap index bounced 0.60 percent at 13,022.83. BSE smallcap index was trading at 12,490.81, up 57.03 points or 0.46 percent.
Bank Nifty down 0.16 percent at 19,311.30. FMCG and PSU Bank index seen under pressure On Nifty. FMCG declined 0.17 percent, PSU Bank index slipped 0.1 percent. While media shares seen in a good position, bounced 0.99 percent.
Gainers - NTPC, Maruti Suzuki, Cipla, Infosys, and Bharti Airtel are the major gainers.
Losers - Lupin, HUL, Coal India, and Adani Ports are top losers in the Sensex.
Today's Trading Tips -
BUY DHFL, Stoploss - 267 Rs, Target - 285 Rs
BUY ICICI Bank, Stoploss - 248 Rs, Target - 256 Rs
SELL Hindalco, Stoploss - 158 Rs, Target - 152 Rs
NTPC, Maruti, Cipla are the gainers of stock market and performed really well. It is always advisable to invest in top performing stocks. To get most accurate trading tips contact epic research.
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