The Nifty extended intraday week and losses closed near the mediated support of 5,825 on Monday as traders select to take a some profits off the table leading of the Reserve Bank of India’s policy review meet tomorrow.
The past four session benchmarks have been under pressure on worries that the RBI may hike interest rates to support the rupee from depreciative against the US dollars.
The market closing position:-
The 50 share Nifty index closed at 5828.90 down 57.30 points or 0.97 per cent. It touched a high levels of 5886 and low levels touch of 5825.80.
The 30 share Sensex ended down 167.36 points or 0.85% at 19580.83, it touched a high levels of 19751.03 and touch low levels of 19570.87 in trade today.
Among the sectoral the S&P FMCG -2.67%, Capital goods -0.77%, BSE Health care -0.42%, IT index +0.77%, Bankex index fall -1.20%, Auto index 0.36%, Metals and Oil & gas down 1.50%.
Today top gainers and losers:- Wipro 6.71%, Prestige Estates 5.30%, Jindal Steel 4.89%, Jet Airways 4.22%, CESC 3.55%, Biocon 2.85%, Tech mahindra 2.54%, LGB Forge 27.27%, Sungold Capital 21.60%, rich universe 20%, sancia Global 20%.
Losers:- Sun Pharma 49%, Wockhardt Ltd 9.99%, Indian bank 7.40%, IRB Infrastructure 6.65%, Syndicate bank 6.39%, Muthoot Finance 6.04%, Adani enterprises 5.48%, Indian oil Corp 5.44%, Allahabad bank 5.15%.
Tomorrow 30 July NSE BSE equity & future market trading call on Tuesday
BUY Financial tech with targets 585/590/595 Stop loss 550
BUY ONGC with targets 303/304/305 Stop loss 295
BUY Bharti Airtel with targets 339/340/341 Stop loss 331
BUY Reliance infra with targets 360/361/362 Stop loss 353