HINDPETRO HIT TGT 470 MADE HIGH OF 482.40
WEELY TOTAL PROFIT: 68040 IN JUST ONE LOT
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Sensex ends marginally up; Nifty50 holds above 8,100
The Sensex ended with a gain of 34 points at 26,350. The indices
opened at 26,304, touched an intra-day high of 26,414 and low of 26,183.The
Nifty closed 13 points higher at 8,127 points. it opened at 8,081 points,
hitting a high of 8,147 and low of 8,067. After a volatile session, the
Indian stock market ended flat on Monday. The domestic market traded on a flat
note during the mid-afternoon session .Banking stocks recovered after falling up to 4% following RBI’s cash reserve ratio (CRR) hike on incremental deposits.Sentiments
got some support with Fitch Ratings’ latest statement that it expects India's GDP growth
trend to be higher than China's in the medium term despite demonetisation. Some support also came after the RBI Governor Urjit
Patel said that all necessary actions are
being taken to 'ease the genuine pain of citizens' who are honest and who have
been hurt.Technically, A
strong break below 8100 will increase the downside pressure and drag it to
8000/7950. Traders can go short on a break below 8100.On the other hand, a
decisive break above 8200 will ease the downside pressure and take the index
futures higher to 8250 and 8350 .
TOP
GAINERS: Bharti
Airtel, Tata Power, Zee, Idea Cellular, Adani Ports, Bosch, ONGC
TOP LOSERS: Bank
of Baroda, SBI, IndusInd Bank, Yes Bank, ICICI Bank and M&M
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