After a day out struggle today’s equity market has lost more that half a percent. The havoc caused by September quarter earnings and weak global cues, the Indian market ended up in negative zone. The 30 share BSE Sensex has lost around 143 points and ended up at 27530, while 50 share NSE Nifty has lost 63 points and dropped down to 8520. Today on exchange, about 1298 shares have advanced against the declination of 1513 shares. According to our experts, in absence of any major global fluctuation, the Indian market is more likely to see the upward movement tomorrow, but with the the fluctuation the Nifty may take the fall fall of another 50-100 points before the bull run. So we need to keep steady and focus on each and every single global movement to stay up tomorrow.
Today’s Top NSE Gainers : ICICI Bank, NTPC, HUL, ONGC and SBI
Today’s Top NSE Losers : Zee Entertain, Idea Cellular, M&M, Eicher Motors and Bosch
Nifty Trend Tomorrow
TREND : Bullish
SUPPORT : 8560, 8580
APPROACH: BUY ON DIP