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The equity market closed bullish trade with S&P BSE Sensex broke out of range intraday range and closed 407 points up on the back side covering support market index Metals, bank, Oil & gas and Technology stocks. The 50 share nifty ended 106 points up supported levels of 5400.
The 30 share BSE Sensex index was ended 407.03 points or 2.27% up at 18312.94, It was touched a high levels of at 18349.82 and touched a low levels of 17759.59.
The 50 share NSE nifty index was ended 105.90 points or 2.00% up at 5408.45, It was touched a high levels of 5418.95 and touched a low levels of 5254.05.
Ranbaxy 16.02%, Sesa Goa 13.09%, Hindalco 11.04%, Reliance 10.15%, Tata steel 10.01%, JP Associate 9.88%, ONGC 7.70%, NMDC 6.49%, Bharti Airtel 4.74%, Sun Pharma 4.65% were among top gainers today
DLF 4.06%, HDFC 1.45%, HDFC bank 0.73%, ACC 0.63%, Grasim 0.52%, were among top losers today
The S&P BSE Metal Index up 7.84 per cent, the S&P BSE Oil & Gas Index was up 3.43 per cent, the S&P BSE IT Index advanced 2.70 per cent and the S&P BSE Bankex advanced 0.38 per cent.
Friday 23 August intraday market nifty future trading tips on tomorrow
BUY Axis bank with targets 990/1000/1010 Stop loss 940
BUY ACC with targets 1010/1020/1030 Stop loss 970
SELL M&M with targets 790/780/770 Stop loss 830
SELL Tata motors with targets 290/289/287 Stop loss 298
BUY DLF with targets 146/147/148 Stop loss 140