24/11/2016

Sensex in red, Nifty struggles below 8000

Stock  Market Tips, NSE, BSE, Share Trading Advice, NSE BSE call, Bullish bearish, nifty outlook, about share market
On Thursday the equity market starts with the flat note. BSE Sensex dropped over 100 points and trade below 26,000 in morning trade, Nifty trading below 8,000. Sensex trading at 25955, lower by 95 points or 0.36 percent, led by losses Tata Motors, NTPC, ICICI Bank, Sun Pharma, and Cipla. Nifty down mere 36 points or 0.46 percent to 7996. led by losses Zee Entertain, Eicher Motors, Tata Motors, Tata Motors (D), and NTPC. Sensex opened at 26,049.14, Touched a high of 26,049.14 and touched a low of 25,880.78 in morning trade. Nifty opened at 8,011.80, Touched a high of 8,013.65 and touched a low of 7,973.95  in early trade. BSE midcap index down 0.28 percent to 12008.18, whereas BSE smallcap index up 0.09 percent to 11876.32. After hitting a 9-month low, the rupee has crossed record closing low of 68.80 per dollar.
BSE Gainers - Asian Paints 1.56%, Infosys 0.92%, Bajaj Auto 0.82%, TCS 0.81%, SBI 0.68%.
BSE Losers - Tata Motors 2.80%, NTPC 2.03%, ICICI Bank 1.58%, Reliance 1.10%, Adani Ports 0.91%.

Sell Bajaj Finance Ltd BAJFINANCE at 833.50 for the target of 823.00 with stop loss of 846.00 
Buy Shriram Transport Finance Company Ltd SRTRANSFIN at 860.00 for the target of 870.00 with stop loss of 850.00 
Buy ACC Ltd ACC at 1,315.00 for the target of 1,323.00 with stop loss of 1,312.00 

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