The Indian government's decision to withdraw Rs 500 and Rs 1000 notes in an attempt to curb black money is hitting the market. The market is going to seesaw to the trend emerging from the US vote count while the Modi Govt takes action against black money. Today Sensex, Nifty showed lower by 6-6 percent in morning trade. Now Sensex down 954 points or 3.46 percent at 26624.90 and Nifty losses 316 points or 3.69 percent at 8232.30. Nifty realty index down nearly 17 percent, DLF and HDIL were down 22-25 percent. S&P BSE Midcap index down 5.30 percent at 12273.96. while BSE smallcap index also declined 6.22 percent at 12240.
NSE Gainers - Tata Motors 6.69%, Tata Motors (D) 5.40%, GAIL 2.99%, BHEL 2.98%, Tech Mahindra 2.09%.
NSE Losers - Sun Pharma 2.98%, Cipla 1.91%, Aurobindo Pharm 1.52%, Tata Power 1.26%, Adani Ports 1.24%.
Tata chemical - Sell, SL - 519 Rs, TGT - 495 Rs
OBC ( future ) - Sell, SL -118 Rs, TGT - 112 Rs
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