The Equity market opened marginally lower on Tuesday, Sensex struggling below 28,000 and Nifty opened flat but still trading around its crucial support level of 8,600.
Sensex slipped 30.37 points or 0.11 percent at 27957.43. Nifty was trading at 8625.05, down 4.15 points or 0.9 percent. Sensex and Nifty both are under pressures Today but both are struggling to gains.
BSE midcap index was declined 43.39 points or 0.33 percent at 12937.64. While BSE smallcaps index surged 14.12 points or 0.11 percent at 12456.59. Bank Nifty was down 71.30 points or 0.37 percent at 19258.95.
The market breadth was positive as about 1113 shares advanced and 726 shares declined on the Bombay Stock Exchange.
Infosys, TCS, GAIL, Wipro, and Axis Bank are the major gainers. BHEL, Bajaj Auto, SBI, ITC, and ICICI Bank are the top losers in the Sensex.
Trading Advice for Today -
Buy GSFC, Stoploss - 72.4 Rs, Target - 77 Rs
Sell Granules India, Stoploss - 131.3 Rs, Target - 124.5 Rs
Buy HUL, Stoploss - 917 Rs, Target - 947 Rs
Sell CEAT, Stoploss - 860 Rs, Target - 827 Rs
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