Thursday in early trade, The market was opened higher supported by firm global cues. Nifty was trading comfortably above 8,550 supported by the gain in realty, oil, gas, metal and auto stocks. The broader markets continued to outperform with the BSE midcap and smallcap index rising 0.4-0.6 percent.
Sensex fell 28.46 points at 27887. It touched high of 27,998 and a low of 27,861.97 in morning trade. Nifty declined 0.85 points at 8565. It touched a high of 8,585.25 and a low of 8,571.20 in early trade.
Bajaj Auto( up 0.64 percent ), Wipro ( up 0.62 percent ), Sun Pharma ( up 0.75 percent ), Lupin ( up 1.07 percent ) and Cipla ( up 0.7 percent ) were major gainers in the Sensex.
TCS (down 0.80 percent), ICICI Bank ( down 0.5 percent ), Axis Bank ( down 0.8 percent ), Dr Reddy's Labs ( down 0.80 percent ) and M&M ( down 0.55 percent ) were the loser in the Sensex.
The market breadth positive as about 1071 shares advanced and 795 shares declined on the Bombay Stock Exchange.
Today's Experts Trading Tips -
Lupin - Buy, Stoploss - 1,690 Rs, Target - 1,795 Rs
SBI - Buy, Stoploss - 226 Rs, Target 246 Rs
Coal India - Buy, Stoploss - 324.4 Rs, Target 335 Rs
I found this blog really very informative. I would like to add few more updates :Yesterday, NSE-NIFTY gradually extended gain post initial rise and finally, finished trade with gain of 37 points at 8,566 mark, where index registered low of 8,513 and high of 8,570 levels during the day. For trading tips contact epic research .
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