Indian
Market Trend : It was another dull day for Indian Stock Market as
the market closed with moderate gains. The Sensex closed at 16,906 up
24.4 points and Nifty closed at 5121 points up 6 points from the
previous close. The CNX Midcap index was up from 0.6% while BSE
Smallcap index gained 0.02% in today's trading sessions. Today Oil
and Gas were the best performers followed by power. Among the Top
Nifty gainers were Gail, Grasim, Tata Power and Power Grid while the
Biggest Losers were Sail, HUL, Sesa Goa and Sterlite Industries.
Traders
were making more expectations from the government as our economic
growth is slowing as the curreny market is also showing the slow
growth. The steps taken by the government were not enough for the
markets health so the experts believes that in next two or three
quarters markets will continue to be challenging.
Indian
Market Tips For Tomorrow
-Sell
Piramal Healthcare with short term target of 501.
-Sell
Hindustan Zinc Ltd. With short term target of 109 and stop loss of
121.
-Buy
M&M with short term target of 711 and stop loss of 645.
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