SENSEX marginally faster-Nifty, midcap stocks Shopping
The last day of
the week, the market remains small edge. Sensex
and Nifty are trading debut today with a gain of 0.10 per cent, but the Midcap
and SMALLCAP stocks continued in an atmosphere of great shopping. Britannia
came Thursday evening, Voltas and other mid-cap companies in the fallout of the
Index are bullish. CNX
Midcap index rose half a percent to the level of 13,100. While the
smallcap index 0.30 per cent.
Market experts say that today's session of the SBI and ITC have two major consequences, they will decide the direction of the market. The results before the market trend are to get a little weak. Nifty 8440-8450 is the big resistance. If Nifty crosses this level then the big short covering may come. Shop only if the Nifty moves above 8450 and 8430 find the stoploss. You can expect to come in above the target of 8,500.
FMCG,
Realty, Oil & Gas, Consumer Dyurebls, pharma and banking stocks found support
from shopping market. However,
power, IT and auto stocks sell-off is seeing. The BSE FMCG index
has increased by 0.75 per cent. Bank Nifty
is trading above 18 570 0.3 per cent. The
BSE 30-share Sensex 46 index points ie 0.25 per cent of the principal with the
is trading at 27855.5. While
the 50-share NSE Nifty leading index rose marginally by 0.1 percent, ie 7.5
points at 8428.5 with doing business.
Market turnover during the SBI, IDFC, ONGC, Bank of Baroda, GAIL, ITC and Cipla heavyweight stocks such as 2 to 0.6 per cent growth is seeing. However, Wipro, Bharti Airtel, Vedanta, heavyweight stocks such as Bajaj Auto and Hindalco have declined from 1.5 to 0.9 per cent.
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