Sensex extends losses; Nifty slips below 7,950 mark, Experts Recommendation

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The Indian Equity benchmarks started off Friday's trade on a lower note amid consolidation, weighed by weak global cues ahead of the Christmas occasion. Nifty Breaking 8,000, dragged by IT, realty, power, metal, capital goods, banks, and auto stocks. Sensex started on muted with negative bias in early trade, dragged by ITC, HDFC, M&M, and Tata Motors. Sensex trading at 25906, down 74 points or 0.29 percent, whereas Nifty down 27 points or 0.35 percent at 7951. About 721 shares have advanced, 1178 declining shares, and 118 shares are unchanged on NSE. Consumer Durables, Healthcare, Oil & Gas are seen in positive strength on benchmarks. BSE midcap index down 0.50 percent at 11750. while BSE smallcap index down 0.34 percent at 11761.
Sun Pharma, HDFC, ONGC, ICICI Bank, and Reliance are the gainers, whereas Tata Motors, Wipro, Adani Ports, Axis Bank, and M&M are the losers in the Sensex.

Experts Recommendation - 
Divi's Laboratories Ltd Sell at 1092 Stoploss 1097.26 Targets 1085.3 - 1083.09 - 1081.92 - 1079.77
CESC Ltd Sell at 609.39 Stoploss 612.56  Targets 600.55 - 594.43 - 588.35 - 582.3

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