On Wednesday, the equity market opened on a cautious note. Sensex starts flat note recouped losses in early trade and reclaimed 28,000. Nifty trading around its crucial support level of 8,700.
Sensex trading at 28296.18, declined 58.45 points or 0.21 percent. It touched a high of 28,416.41 and touched a low of 28,274.51 in morning trade. Nifty trading at 8702.40, down 13.20 points or 0.15 percent. It touched a high of 8,737.60 and touched a low of 8,737.60 in early trade.
The market breadth positive as about two shares advanced for every share declined on the Bombay Stock Exchange.
BSE midcap index and BSE smallcap index seeing positive note. BSE midcap index up 0.6 percent at 12960.16 and BSE smallcap index gained 0.31 percent at 12598.37.
Bank Nifty up 0.15 percent at 19820.90. The Indian rupee opened at 66.99 per dollar, down 7 paise against 66.92 Monday.
Gainers - NTPC 1.73%, Adani Ports 1.35%, Asian Paints 0.94%, Cipla 0.88%, SBI 0.83%.
Losers - Tata Steel 2.41%, Coal India 2.37%, ONGC 1.73%, TCS 1.54%, Tata Motors 1.43%.
Trading Advice by Experts -
SELL Union Bank, Stoploss - 143 Rs, Target - 136 Rs
SELL L&T, Stoploss - 1500 Rs, Target - 1425 Rs
SELL Just Dial, Stoploss - 482 Rs, Target 465 Rs
Useful updates on top performers and losers traders can learn from here. It is always advisable to to best stock futures tips of stock market experts to earn optimum returns.
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