Thursday, February 02, 2012

Indian Stock Market Tips for Tomorrow | Nifty Tips for Tommorow

Stock Market Tips for Tommorow
The markets traded in a range today and closed with moderate gains. Tech, IT and metal were the best performers in today's session while FMCG, healthcare and consumer durables tried to pull the markets down. The Sensex closed at 17432, up 131 points from its previous close, and the Nifty shut shop at 5270, up 34 points. The CNX Midcap index closed with 0.5% gain while the BSE Smallcap index was also up 0.5% in today's trade. The market breadth was positive with advances at 711 against declines of 561 on the NSE. The top Nifty gainers were Bharti Airtel,HCL Tech, ACC and Sesa Goa while the biggest losers included IDFC, Reliance Communications, Reliance Power and Dr Reddy's.
Nifty Tips for Tommorow
Nifty has made doji on daily charts today after rising since 5 consecutive weeks which shows investors jittery as market looks overbought on current levels for the time being and ongoing political issues.
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