Stock Market Review For Today : NSE Nifty dropped below 5250 level due to sell off in Reliance, TCS , SBI and L&T whereas BSE Sensex fell more than a percent in todays trading session. Atlas Cycle Industreis increased basic custom duty on bicycles from 10% to 30% and on bicyle parts from 10% to 20%.
The BSE benchmark was down 187points at 17,278.91. State Bank of India dropped by 2.7% percent while ICICI Bank and HDFC Bank were down by 1.5%. Housiong Finance company HDFC slipped by 2% while Reliance Industreis, Infosys, L&T, Coal India, Tata Power and DLF went up 0.7%.
Top Nifty gainers were ITC, M&M, Sun Pharma and Cairn Indian while the losers were Reliance Infra, IDFC, BHEL and Reliance Power
Stock Tips
-BHEL BUY call with short term target of 300.
-Dr. Reddy's Laboratories Ltd. BUY call with Short Term Target of 1980 and Stop
Loss of 1642.
Loss of 1642.
