Nifty above 6550, Infosys fall 7.09%, today stock market trading tips

The S&P BSE Sensex opened gains on a cautious note following weakness in IT and Infosys down 6.58%. while Asian market remained positive. Meanwhile, the IIP and CPI data were in-line with market expectation and the market is green cues form global market peers for direction in the near-term.

The Nifty is above 6550 levels and supported oil & gas and banks stocks.

11:05 AM, The Sensex is up 88.43 points or 0.37% at 21936.65 and The nifty is rose 30.95 points or 0.47% at 6547.50.

Indian largest bank sectors share ICICI bank, SBI, and HDFC bank rose over 2 per cent.

Key BPCL 4.92%, Kotak bank 2.75%, M&M 2.46%, Dr. Reddy’s 2.33%, HDFC bank 2.28%, Ambuja Cements 2.24%, SBIN 2.12%, PNB 2.07%, Bank of Baroda 2.05%, Reliance 2.02% were top nifty gainers today.

Infosys 7.09%, Sun Pharma 4.01%, Ranbaxy 0.88%, Jindal steel 0.31%, SSLT 0.11%, Wipro 0.11% were nifty top losers today.

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