20/12/2016

Equity Market turns rangebound; Nifty Breaks 8100 level, Experts Advice

Stock  Market Tips, NSE, BSE, Share Trading Advice
The Equity benchmark was managed to stay close to the positive range in the last one hour of trading. But market turns rangebound, Sensex and Nifty go for native note. Nifty Breaking 8100 level, led by losses in Banks. Sensex trading at 26288, down by 87 points or 0.33 percent. while Nifty down 28 points or 0.36 percent at 8074. About 439 shares have advanced, 1046 declining shares, and 58 shares are unchanged on BSE. Capital Goods, Consumer Durables, FMCG, and IT sector has seen in a positive strength. while  Auto, Bank Nifty, Healthcare, and Metals sector is on the negative note. BSE midcap index down 127 points or 1.05 percent at 12046, whereas BSE smallcap index trading at 11978, lower by 79 points or 0.66 percent. Bank Nifty down 1.26 percent at 18026. 

TCS, Infosys, GAIL, ITC, and Coal India are the major  gainers, whereas SBI, Bajaj Auto, ICICI Bank, Tata Steel, and Adani Ports are top losers in the Sensex 

Experts Recommendation
Adani Ports Sell, at 272.25, SL 276.39, TGT  268.27 - 264.19 - 260.14 - 256.12
ICICI Bank Sell, at 248.06 SL 252.01 TGT 244.26 - 240.37 - 236.5 - 232.67

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