10:15 AM, The market has opened in negative side on January F&O expiry day on Thursday. The Sensex is down 221.32 points or 1.07% at 20425.98 and The nifty is down 67.05 points or 1.10% at 6053.20. About 55 share have advanced 258 share decline, and 74 shares are unchanged. Today Sensex & nifty opened at 2 month low.
The Bank nifty is down 185.15 points or 1.77% at 10252.60. All government and private sectors decline Axis bank, bank of baroda, Bank of india, Canara banka are down 1.80% while ICICI bank, Indusindbk, Kotak Mahindra, PNB, SBI, Yes bank dropped 1.50-2.50%.
Bharti Airtel, Gail, Lupin, Tata motors, Grasim, ONGC, Ambuja Cements, Power Grid, ACC were nifty gainers.
BPCL, SSLT, Asian paints, Hindalco, BHEL, PNB, Ranbaxy, IDFC, Tata steel, ICICI bank were top nifty losers.
Today nifty future shot sure call:-
BUY Tata motors above 355 targets 356/357/358 Stop loss 352
SELL SBIN below 1540 targets 1535/1530/1520 Stop loss 1555
SELL BHEL below 165 targets 164.50/164/163 Stop loss 167