The Equity benchmark opens negative side with red sound, BSE Sensex and Nifty was trading down side on Wednesday, Market was closed yesterday due to Eid. The Sensex came under pressure in trade on today and was trading below it’s psychological levels of 26000, led by losses in L&T, Sesa Goa, Tata motors, SBI etc.
11:30 AM, The BSE Sensex was trading 29.00 points or 0.11% down at 25962.23, it hit a high of 26022.62 and hit a low of 25925.36.
The NSE Nifty was trading 6.95 points or 0.09% down at 7741.75, it hit a high of at 7756.85 and hit a low of 7729.25.
Technically, The nifty has continued pattern making lower low and lower high indicating that the sentiment of market participants has turned cautious.
Nifty top gainers:- Bharti Airtel, Gail, Kotak bank , IDFC, ICICI bank, ONGC, Power Grid, DLF, ITC, Cairn.
Nifty top losers:- L&T, SSLT, Tata motors, NMDC, Tata power, Jindal Steel, SBIN, Tata steel, Tech Mahindra, HCL Tech.
Today nifty future call:-
BUY Bharti Airtel target 375 Stop loss 358
BUY Tech mahindra target 2180/2190 Stop loss 2140
SELL BHEL target 225 stop loss 230