The market has opened flat on Friday, with the Nifty struggling below 8,100 level and Sensex manage around 26,000. Presently, the market is volatile and fluctuated between gains and losses as an extended decline in consumer durables and select auto stocks countered a rally in energy producers.
BSE Sensex up merely 36.18 points or 0.14 percent at 26265. whereas Nifty up 16.20 points or 0.20 percent at 8096.10. The market breadth remained negative as about 1109 shares declined against 786 advancing shares on the BSE.
The BSE Midcap index trading at 12070.63, higher 0.59 percent. whereas BSE smallcap index trading lower by 0.02 percent to 11837.06.
The Indian rupee opened lower by 18 paise at 68 per dollar against Friday's close as against the previous close of 67.81 per dollar.
NTPC, Sun Pharma, ONGC, M&M, and Hero Motocorp are among the gainers, whereas GAIL, HUL, Tata Motors, TCS, and ITC are the losers in the Sensex.
Trading Suggestion :-
Tata Motors BUY SL 468.40 Rs TGT 490 Rs
PFC BUY SL 119 Rs TGT 130 RS
HUL BUY SL 800 Rs TGT 833 Rs
Traders can gain very good market insights from here which will help traders to follow right trading approach. Epic Research updates traders with overall market outlook timely.
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