The Equity Market open red Today and continued to reel under selling pressure. Sensex slipped its crucial support level 26,000 and Nifty trading below 8,000. Now Sensex trading at 25800, lower by 220 points or 0.84 percent, weighed down by losses in the shares of ICICI Bank, HDFC Bank, Tata Motors and Infosys. whereas Nifty down 74 points or 0.93 percent at 7910, led by losses in realty, power, oil & gas, metals and capital goods stocks. About 463 shares have advanced, 1683 declining shares, and 117 shares are unchanged on NSE. Sensex opened at 25,992.41, touched a high of 26,008.57 and touched a low of 25,753.74 in morning trade. Nifty opened at 7,965.10, touched a high of 7,970.05 and touched a low of 7,893.80 in early trade. BSE midcap index slipped 1.52 percent at 11581.57. BSE smallcap index down 1.46 percent at 11625.10.
NSE Gainers - HUL 0.72%, Dr Reddys Labs 0.38%, Lupin 0.22%, Reliance 0.07%.
NSE Losers - Hindalco 4.87%, Cipla 3.68%, Aurobindo Pharm 3.25%, Yes Bank 2.69%, Bank of Baroda 2.42%.
Experts Recommendation
Spice jet Sell at 58.14 Targets 56.27 - 54.41 - 52.58 - 50.79
Stoploss 60.06
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