On Wednesday the equity benchmarks opened on flat note and trade continued to consolidate after yesterday ended the sharp run as investors anticipated more quarterly earning. The broader market seems marginally outperform benchmarks. Nifty hold its crucial support level of 8,650 and Sensex still above 28,000.
Now BSE Sensex trading at 28007, down by 39.97 points or 0.15 percent. It touched a high of 28,131.07 and touched a low of 27,976.73 in morning trade. NSE Nifty 50 down 10.65 points or 0.12 percent at 8,660. It touched a high of 8,698.75 and touched a low of 8,656.80 in early trade. About 1307 shares advanced against 640 declining shares on the BSE.
BHEL up over 4.50 percent while GAIL, Axis Bank, Sun Pharma, Wipro are the gainers on BSE.
NSE Gainers - BHEL, GAIL, Wipro, Sun Pharma, and Axis Bank.
NSE Losers - ITC, M&M, Tata Motors (D), ICICI Bank, and HUL.
Stock Trading Intraday Advice -
Aurobindo - Buy, Stoploss - 523 Rs, TGT - 549/567 Rs
Sun Pharma - Buy ( 1-2 days ), Stoploss - 738 Rs, TGT - 770 Rs