The Equity Market Seems likely under pressure and opened in negative clues. Sensex slipped 250 points in morning trade on Thursday and trading below its crucial support level of 28,000, led by losses in ICICI Bank, TCS, HDFC, Tata Motors, and Adani Ports. Nifty 50 down over 80 points and below its psychological level of 8,700, led by losses Zee Entertain, Bank of Baroda, ICICI Bank, TCS, and HDFC.
Now Sensex trading at 27833.09, down 246.28 points or 0.88 percent. Nifty trading at, down 75 points or 0.86 percent.
NSE Gainers - ONGC 2.49%, Infosys 1.90%, Cipla 1.44%, BPCL 1.35%, IndusInd Bank 0.66%.
NSE losers - Zee Entertain 2.76%, Bank of Baroda 2.59%, ICICI Bank 2.36%, TCS 2.33%, HDFC 2.25%.
Trading Advice for Thursday
Tata Steel - Sell, Stoploss - 427 Rs, TGT - 405 Rs
IGL - Sell, Stoploss - 880 Rs, TGT - 850 Rs
Hero MotoCorp - Buy, Stoploss - 3440 Rs, TGT - 3600 Rs
ReplyDeleteThis is good for all traders and reliable for new investors. In time gold market has very fluctuated compare to silver. It fully depends on the economic condition of the market and its movements.
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