Stock Market ended flat; RBI kept its policy rate on hold at 6.25%

The Equity Market ended on a flat note on Wednesday, after pricing in RBI policy and ahead of corporate earnings. Sensex closed at 28289.92, down by 45.24 points or 0.16 percent. while Nifty was up mere 0.75 points or 0.01 percent. BSE Midcap index was up 0.51 percent at 13474.98. whereas BSE Smallcap index was up 0.22 percent at 13557.60. Sensex fell as much as 160 points as soon as the policy was announced while Nifty breached its crucial 8,750 levels. Earlier this week, both indexes had hit a four- month high on rate-cut hopes. The RBI decision disappointed investors, sending India's benchmark 10-year bond yields up 13

bps from levels before the decision.

 Today's Top Gainers and Losers

Bharti Infratel, ACC, BHEL, Grasim, and Bosch were the top gainers, whereas Dr Reddys Labs, Axis Bank, Hero Motocorp, Sun Pharma, and HCL Tech were the losers on NSE

Stock Market Tips for Tomorrow

BUY ACE ABOVE 58 TARGET 58.50, 59, 59.50 STOPLOSS 57

BUY KOPRAN ABOVE 73 TARGETS 73.70, 74.40, 75.10 STOPLOSS 71.60

BUY GAEL ABOVE 115 TARGETS 116, 117, 118 STOPLOSS 113