Markets ended flat as investors turned cautious ahead of the expiry of August derivative contracts on Thursday while foreign investors turning sellers capped further upside. Further, investors are also awaiting signals from the central bankers’ meet in Jackson Hole, Wyoming later this week on the US Federal Reserve’s stance on interest rate. The Sensex ended up 5 points at 27,990 and the Nifty 50 inched up 3 points to settle at 8,633. In the broader markets, the BSE Midcap index ended down 0.3% while the Small cap index ended flat with negative bias. BSE IT and TECk are the top gaining sectors today.
Today’s Top NSE Gainers : Idea Cellular, Bank of Baroda, HCL Tech, Infosys, TCS, Bharti Infratel, Asian Paints, Bharti Airtel, Eicher Motors and Zee Entertain.
Today’s Top NSE Losers : BHEL, BPCL, Tata Power, NTPC, Aurobindo Pharm, Bajaj Auto, Tata Motors, ITC, Larsen and Sun Pharma.
Nifty Technical Chart for 24th August
Nifty Market Trend for Tomorrow
RESISTANCE: 8650, 8700
SUPPORT: 8580, 8530
APPROACH: BUY ON DIP
Free Intraday Tips For Tomorrow Wednesday : 24th August
BUY TAJGVK ABOVE 159 TARGET 160.50, 162, 163.50 STOPLOSS 156
BUY JBMA ABOVE 204 TARGET 206, 208, 210 STOPLOSS 200
SELL HINDCOPPER BELOW 66 TARGET 65.40, 64.80, 64.20 STOPLOSS 67.20