12/12/2016

Sensex falls over 140 pts, Nifty holds 8200; Bank Nifty down 0.79 percent

stock market tips, BSE, NSE, share trading advice
The Equity Market opened with slack and weak in the early morning on Monday. Private Bank was seeing selling pressure in early trade. As a result, Bank Nifty slipped on the benchmarks. Although PSU bank is trading in positive strength. Today the market does not get support of BSE Midcap and BSE Smallcap. meanwhile, Sensex is down 140 points or 0.52 percent at 26608.11 led by losses Asian Paints, Bajaj Auto, and Tata Motors. Nifty trading at 8204.90, down by 55 points or 0.67 percent led by losses Idea Cellular, Grasim, Bajaj Auto, and Asian Paints. only BSE Metals and PSU Bank are in positive strength, while all the sector declining on the benchmarks. BSE Midcap index down 0.57 percent at 12463.69. BSE Smallcap index down 0.23 percent at 12291.70. Bank Nifty slipped 0.79 percent at 18547.85. ONGC, Reliance, Sun Pharma, SBI, and Coal India are the gainer, whereas Asian Paints, Bajaj Auto, Tata Motors, Hero Motocorp, and Maruti Suzuki are the loser in the BSE Sensex. 

SBI Buy at 268.14, Stoploss 264.06 Targets: 272.11 - 276.25 - 280.42 - 284.62

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