Nifty Breaks 8,700 | Tata Steel down 3%, Today's Trading Tips

Stock market tips, BSE, NSE, share trading advice, Cyrus Mistry, Tata sons, Tata Group
The Equity benchmark has opened on the negative note and extended losses in early trade. Today will be the focus on Tata group stocks. A day before the Tata Sons met on Monday. Mr. Nitin Nohria met Cyrus Mistry for more than two hours. Mr. Nitin Nohria is dean of Harvard Business School. He conveyed a message from Tata Trust chairman Ratan Tata what might come up for discussion at the meeting. On Monday, The Tata Sons board's announcement took everyone by surprise but the die had been cast some months ago. On Tuesday,  shares of Tata Group stock seemed in under selling pressure  reacting to Cyrus Mistry's ouster as Chairman, Where Tata Steel down 3 percent. 
Equity market still remained under pressure With the BSE Sensex falling 109.25 points or 0.39 percent at 28074.71. Hovers Nifty trading below 8,700, down by 14.65 points or 0.16 percent. 
NSE Gainers - Bharti Infratel 3.39%, Tech Mahindra 1.50%, Dr Reddys Labs 1.12%, Aurobindo Pharm 1.05%, Cipla 0.86%.
NSE Losers - Tata Steel 2.75%, GAIL 1.80%, Idea Cellular 1.76%, Tata Power 1.55%, Hindalco 1.49%.
Today's Stock Trading Tips - 
HCL Tech  - Sell for three days, SL - 831 Rs, TGT - 781 Rs 
Allahabad Bank - Buy, SL - 74 Rs, TGT - 84 Rs


  1. Axis Bank, Cipla and Dr Reddy posted marginal gain on Sensex, edging up by 1%, while Tata Steel, Gail and Hindustan Unilever slipped between 1%-3%.

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