Tracking the momentum, the 50-share Nifty index also came under pressure and was trading below its crucial psychological support level of 8550, weighed down by losses in IT, FMCG, auto, realty and metal stocks.
Markets @ 1:15
Sensex at 28,155; down 286 points. Nifty @ 8,526; down 79 points.
Top gainers on Sensex
ICICI BANK (2.0%), SUN PHARMA (1.8%), TATA STEEL (1.7%), HDFC BANK (0.4%), BAJAJ AUTO (0.1%)
Top losers
HERO MOTOCORP (-3.4%), RIL (-3.1%), HUL (-2.7%), INFOSYS (-2.5%), CIL (-2.1%)
Markets @ noon
Sensex at 28,245; down 196 points. Nifty @ 8,551; down 54 points
Top gainers on Sensex
TATA STEEL (2.1%), SUN PHARMA (2.0%), ICICI BANK (1.8%), GAIL (0.7%), SBI (0.4%)
Top losers
HUL (-2.7%), INFOSYS (-2.6%), HERO MOTOCORP (-2.5%), M&M (-1.9%), CIL (-1.9%)
Market @ 11:30
The 30-share index was at 28191.96, down 250 points or 0.88 per cent. It touched a high of 28,539.46 and a low of 28,189.17 in trade today.
The Nifty was at 8534 down 72 points or 0.84 per cent. It touched a high of 8619.95 and a low of 8529.15 in trade today.
Markets @ 11:15
Sensex at 28,212; down 230 points. Nifty @ 8,536; down 70 points.
Top gainers on Sensex
SUN PHARMA (1.5%), ICICI BANK (1.5%), TATA STEEL (1.3%), GAIL (0.6%), HDFC BANK (0.1%)
Top losers
HUL (-2.7%), INFOSYS (-2.7%), CIL (-2.2%), M&M (-1.9%), RIL (-1.9%)
Markets @10
At 10:10 a.m.; the 30-share index was at 28290.96, down 152 points or 0.53 per cent. It touched a high of 28,539.46 and a low of 28,260.44 in trade today.
The Nifty was at 8557 down 48 points or 0.54 per cent. It touched a high of 8619.95 and a low of 8548.25 in trade today.
Markets @ 9.20
The 30-share index was at 28379.96, down 62 points or 0.22 per cent. It touched a high of 28,539.46 and a low of 28,353.90 in trade today.
The Nifty was at 8578 down 27 points or 0.32 per cent. It touched a high of 8619 and a low of 8567.70 in trade today.
The S&P BSE Midcap Index was down 0.31 per cent and BSE S&P Smallcap Index edged lower by 0.33 per cent.
Tata Steel (up 1.5 per cent), Hindalco (up 1.1 per cent), Hindalco (up 1 per cent), Sun Pharma (up 0.84 per cent) and Axis Bank (up 0.60 per cent) were among the major Sensex gainers.
Infosys (down 1 per cent), TCS (down 0.98 per cent), Bharti Airtel (down 0.95 per cent), M&M (down 0.85 per cent) and Sesa Sterlite (down 0.74 per cent) were the major index losers.
ET Now spoke to various experts and here's what they have to recommend for today's trade:
Ashwani Gujral of ashwanigujral.com
HUL is a 'SELL' call with a target of Rs 905 and a stop loss of Rs 940
Bata India Ltd is a 'SELL' call with a target of Rs 1030 and a stop loss of Rs 1095
EIL Ltd is a 'SELL' call with a target of Rs 195 and a stop loss of Rs 210
Chennai Petroleum Ltd is a 'BUY' call with a target of Rs 92 and a stop loss of Rs 78
Mitesh Thacker of miteshthacker.com
Indiabulls Housing Finance Ltd is a 'SELL' call with a target of Rs 510 and a stop loss of Rs 560
IndusInd Bank Ltd is a 'SELL' call with a target of Rs 820 and a stop loss of Rs 881
M&M Ltd is a 'SELL' call with a target of Rs 1160 and a stop loss of Rs 1221
PTC India Ltd is a 'SELL' call with a target of Rs 72 and a stop loss of Rs 78.50
Sandeep Wagle, Founder & CEO, Power My Wealth
TCS Ltd is a 'SELL' call with a target of Rs 2350 and a stop loss of Rs 2495
Biocon Ltd is a 'SELL' call with a target of Rs 435 and a stop loss of Rs 471
Exide Industries Ltd is a 'SELL' call with a target of Rs 178 and a stop loss of Rs 190
Prakash Gaba, CFT, prakashgaba.com
Exide Industries Ltd is a 'SELL' call with a target of Rs 182 and a stop loss of Rs 188
Jet Airways Ltd is a 'SELL' call with a target of Rs 426 and a stop loss of Rs 450
L&T Finance Ltd is a 'SELL' call with a target of Rs 62.50 and a stop loss of Rs 64.50
Gaurav Bissa, Derivatives Analyst, LKP Securities
Ambuja Cements Ltd is a 'BUY' call with a target of Rs 258 and a stop loss of Rs 242
TVS Motors Company Ltd is a 'BUY' call with a target of Rs 255 and a stop loss of Rs 234
L&T Ltd is a 'SELL' call with a target of Rs 1685 and a stop loss of Rs 1765
A K Prabhakar, Independent Market Expert
ICICI Bank Ltd is a 'BUY' call with a target of Rs 328 and a stop loss of Rs 310
Bata India Ltd is a 'SELL' call with a target of Rs 1005 and a stop loss of Rs 1098
GAIL India Ltd is a 'BUY' call with a target of Rs 409 and a stop loss of Rs 385
(Views and recommendations expressed in this section are the analysts' own and do not represent those of EconomicTimes.com. Please consult your financial advisor before taking any position in the stocks mentioned.)
This entry passed through the Full-Text RSS service - if this is your content and you're reading it on someone else's site, please read the FAQ at http://ift.tt/jcXqJW.
from Top Stories - Google News http://ift.tt/1G9Zcx3
via IFTTT
0 comments:
Post a Comment