After a Heavy gain in the morning trading session, Indian equity market ended marginally lower due the expectations of the GST Bill as the investors have eagerly rallied for it. Selling in European market was the main cause for dragging down the Sensex and Nifty and till the verdict of GST Bill the will continue to moving in tight range. The Sensex has lost 21 points today and closed at 27982, while the Nifty 50 has lost 14 points and closed at 8,623. The Bse MidCap has ended 0.63% down and SmallCap ended 0.83% down. With having the 980 gainers and 1764 losers, market went weak the BSE. In today’s session, Fmcg is the only sector which has ended in positive zone.
Tomorrow’s Nifty trend is looking bullish on the technical chart. Tomorrow, Nifty will get strong supports at 8610 and 8560, while it will face the resistance at the level of 8690 and 8740.
Free Intraday Tips for Tomorrow : 3rd August
BUY INDIANB ABOVE 186.50 TARGET 188.30, 190.10, 191.90 STOPLOSS 182.90
BUY BANCOINDIA 205 TARGET 207, 209, 211 STOPLOSS 201
SELL MTEDUCARE BELOW 145.50 TARGET 144.10, 142.70, 141.30 STOPLOSS 148.30