The Equity benchmarks extended losses after flat note opening. Sensex started on negative note extended losses and slipped over 180 points in early trade. Nifty opened its crucial support level 8600. Sensex was trading at 27799.68, down 182.03 points or 0.66 percent. It touched a high of 28,015.43 and a low of 27,760.28 in morning trade. Nifty was trading at 8573.70, down 50.20 points or 0.58 percent. It touched a high of 8,635.45 and a low of 8,564.30 in early trade.
BSE midcap and smallcap share are showing weakend. BSE midcap index falls 1.01 percent at 12502.14. BSE smallcap index down 0.68 percent at 12136.23.
FMCG, banking, power, realty, and oil & gas stocks are flat on the sectoral basis. Bank Nifty has down 0.4 percent and arrived at 18635.
BSE Power Index 0.9 percent, realty index 0.7 per cent and Oil & Gas Index 0.6 percent has weakened on BSE. Adani Ports (up 1.33 percent), Asian Paints (up 1.24 percent), Coal India (up 1.19 percent), Cipla (up 1.07 percent), and Hero Motocorp (up 0.95 percent) were the major Sensex gainers.
ITC (down 2.29 percent), HUL (down 1.48 percent), BHEL (down 1.44 percent), and Tata Motors (down 1.41 percent), HDFC (down 1.39 percent) were the major Sensex losers.
Today's Experts Tips -
Mcleod Russel - Sell, Stoploss - 195 Rs, Target - 181 Rs
HDIL - Sell, Stoploss -100 Rs, Target - 92 Rs
Tech Mahindra - Buy, Stoploss -492 Rs, Target - 510 Rs
I got very useful updates from here. Although i am representing some more updates. BSE benchmark Sensex fell 171.29 points on selling in most of the sectors led by FMCG, realty, power. Follow Epic Research for more updates.
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