The Indian Stock Market closed with moderate declines this week with oil & gas and power being the biggest losers. Banking, IT and auto supported the indices well. The Sensex was down 0.8% while the Nifty lost 0.5% during the week.
The CNX Midcap index was up 0.24%, BSE Smallcap lost 1.6% and the Bank Nifty closed with 0.3% gain over the week. The BSE Autowas up 1.5%,BSE Powerlost 2.6% andBSE Consumer Durables closed with 1.5% gain. The BSE IT was up 0.6% while BSE OilGaslost 3.2% over the week.
The top Nifty gainers during the week were HCL Tech,JP Associates and IDFC while the biggest losers included Hindalco,Sterlite Industries and SAIL.
-BUY LIC Housing Finance Ltd. Short Term Target 260 Stop Loss 240.
-BUY State Bank of India Short Term Target 2,420 Stop Loss 2,050.
-SELL Suzlon Energy Ltd. Short Term Target 25 Stop Loss 28.
-BUY State Bank of India Short Term Target 2,420 Stop Loss 2,050.
FOR MORE TIPS .....CLICK HERE
NIFTY TECHNICAL LEVELS FOR MONDAY....CLICK HERE
NEXT WEEK MARKET TREND....CLICK HERE
ENJOY OUR 2 DAYS FREE TRIAL SERVICES TO CHECK OUR ACCURACY LEVEL......FILL THE FORM ON RIGHT HAND SIDE >>
