On Tuesday market negative path, Sensex Nifty loss trends and buying pressure in intraday market. The 30 benchmark 32.65 points or 0.17% fall at 19544.74, it was touched high levels 19589.14 and low levels touched 19499.21. The 50 index share flat 14.70 points down at 5884.15, it was touched high levels 5898.80 and low levels touched 5869.35.
Nifty gainers today:- Bharti Airtel 2.68%, Lupin 2.59%, IDFC 2.16%, Sesa Goa 1.91%, Hindalco 1.91%, Tata steel 1.71%, Gail 1.68%, Sup Pharma 1.47%, HCL Tech 1.38%, Cairn 1.21%.
Nifty losers today:- DLF 2.86%, Coal India 2.79%, Jindal steel 2.53%, Reliance infra 2.22%, Hero motocrop 1.72%, Tata power 1.69%, PNB 1.32%, Infosys 1.31%, BHEL 1.31%.
According to market analyst starting better monsoon but weakening rupee is turning into weeds. Foreign institutional investors (FIIs) continued attitude of unimportance towards the Indian market, faster than the market can be expected.
While the country’s economic growth rate (GDP) around 8-9 per cent by the time cannot be expected to have a better business environment. Only an estimated 5 to 5.6 per cent of GDP, with a Indian’s progressive country may not hold an upswing.
Among the medium-term the market will remain in the range of 5500-6000. It does not look much expected to go up, although the declined market conditions and below these levels must have slipped.