Nifty slipped below 5500, Indian equity market update, Nifty future tips, stock tips today, 07 Aug trading call tips

10:30 am The 50 shares nifty index dropped below its key psychological support levels of 5505 levels in morning trends on Wednesday for the first time since April 12.

Morning session it was weakness in market, the S&P BSE Sensex dropped over 129 points, key indices weakness BSE FMGC, Healthcare, Auto index, Metals, while bank index and Oil Gas support market gainers trends today.

The 30 shares Sensex 115.44 points or 0.62% down at 18617.60 and the 50 share nifty index 35.20 points or 0.64% down at 5507.05.

Among Key DLF, JP Associate, PNB, Bank of Baroda, IDFC, BHEL, Reliance infra, Tata power, SBIN, Tata steel top gainers trends today.

Tata motors, Asian paints, Grasim, ITC, LT, Axis bank, Ultracements, Hindalco, Lupin, Ranbaxy top losers trends today.

Yesterday a new record low of 61.80 in trade on Tuesday continued its slide weighed down by losses in regional equity market and currencies while dollars demand from domestic importers also weighed.

Bankex Index marginally up 44.75 points at 11127.02, S&P index Axis bank, Federal bank down while SBIN, ICICI bank, IDBI bank, PNB, Union bank, Bank of baroda strongly bullish trade today.