25/08/2016

Sensex bounced over 60 pts | Nifty above 8,650

On Thursday, The stock market opened on the positive note in the morning trade. Nifty was trading comfortably its crucial support level of  8,650. Sensex above its crucial level of 28,000. Sensex up 60.11 points or 0.21 percent at 28120.09. It touched a high of 28,154.21 and a low of  28,097.77 in morning trade. 
Nifty was trading  at 8676.80, up 26.25 points or 0.30 percent.  It touched a high of 8,683.05 and a low of  8,664.05 in early trade. 
Bank Nifty rose 0.28 percent at 19,410. BSE midcap and BSE smallcap also performed really well. BSE midcap gained 0.34 percent at 13,068. BSE smallcap index up 0.48 percent at 12575.41. 
In sectoral basis, All sector are green note remaining IT sector. FMCG sector up 0.9 percent, Pharma sector up 0.7 percent, and Auto index up 0.5 percent. While IT sector declined  by 0.2 percent. 
Gainers - ITC, Axis Bank, Cipla, Bajaj Auto, and Dr Reddys Labs are the top gainers.
Losers - Adani Ports, Wipro, Infosys, Bharti Airtel, and NTPC are the losers in the Sensex.

Experts Trading Advice - 
BUY   BEML, Stoploss - 1020 Rs, Target - 1070 Rs
BUY   Mcleod Russel,  Stoploss - 184 Rs, Target - 198 Rs
SELL Lupin, Stoploss - 1542 Rs, Target - 1475 Rs            

1 comment:

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