The market is open negative mode and weakness market trends in early trends on Monday. The S&P BSE Sensex initiated the trade on a weak note after a sharp rally in previous session even as the Asian peers remained rangebound.
Bank sectors, Auto, Capital goods, Metals lead the decline while defensives such as healthcare, realty, FMGC stocks nearly green flag
Key JP Associate 2.67%, Lupin 2.37%, Cairn 2.21%, HCL Tech 1.62%, TCS 1.56%, Bharti Airtel 1.42%, Sesa Goa 1.25%, Dr. Reddy’s 1.25%, M&M 1.18%, Reliance infra 1.13% gainers trade today.
Tata steel 2.49%, Infosys 1.62%, Coal India 1.35%, BHEL 1.27%, HDFC bank 1.26%, NTPC 0.86%, Ambhuja cements 0.76%, ICICI bank 0.64%, Tata motors 0.60% losers trade today.
Stock call Monday
SELL R-com below 147.2 TG 143.2 SL 149.7
Option call:- BUY Bharti Airtel 300 call above 14.30 TG 17.30 SL 12.30.