The Equity Market remained rangebound after over 1 percent fell in the last week while the broader market continued to still outperform on Monday.
Today the equity benchmarks remained volatile with the Nifty below 8,600 and Sensex is trading near 27,700. Now Sensex trading at 27649.74, down by 29.27 points or 0.9 percent. The S&P BSE Sensex touched a high of 27,803.21 and touched a low of 27,663.82 in morning trade.
However Nifty Still trading at 8557.70, marginal down 25.70 points or 0.30 percent. Nifty touched a high of 8,615.40 and touched a low of 8,567.35 in early trade.
BSE midcap index is up 0.6 percent at 13427.32. While BSE smallcap index rose 0.54 percent at 13248.34. Bank Nifty rising over a percent to 19210.60.
NSE Gainers - ICICI Bank 7.34%, Axis Bank 1.52%, NTPC 1.41%, SBI 0.91%, ONGC 0.70%.
NSE Losers - Tech Mahindra 2.20%, Idea Cellular 2.01%, Bharti Airtel 1.96%, Zee Entertain 1.91%, Eicher Motors 1.88%.
Trading Advice for Monday -
Bharat Finance - Buy, Stoploss - 877 Rs, Target - 925 Rs
Hindalco - Sell, Stoploss - 158 Rs, Target - 150 Rs
NCC - Sell, Stoploss - 86 Rs, Target 80 Rs
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ReplyDeleteShares of Balaji TelefilmsBSE 9.97 % surged nearly 10 per cent on Tuesday after reports that promoter Ekta Kapoor was buying shares from open market.
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