The NSE Nifty continued to struggle below 8100 amid consolidation, weighed by banking & financials and technology stocks. However, the buying in auto and FMCG stocks capped downside. The 30-share BSE Sensex was down 39.97 points at 26190.69 and the 50-share NSE Nifty fell 7.20 points to 8079.60 while the broader markets outperformed benchmarks. The BSE Midcap and Smallcap indices gained 0.2 percent each on positive breadth. About 1126 shares advanced against 720 declining shares on the exchange. Italy citizens’ “No” in referendum on Sunday already priced in by global markets. It meant they want to be a part of European Union.
Today’s Top BSE Gainers : Lupin, Bharti Airtel, Asian Paints, HUL, M&M
Today’s Top BSE Losers : HDFC, TCS, Wipro, HDFC Bank and Coal India
Best Stocks To Buy Today
- Government has increased the MIP on selected steel products till the 4th of February. Companies like Kalyani Steel, JSW Steel and Cell will be slightly affected by this decision.
- A2Z Infra has got a new project of worth 35.25 crore rupees form Chattisgarh State Power Transmission. Stocks of A2Z Infra took a big lap of 3% after the announcement.
- IL & FS Engineering has got the new order of 677.8 crore rupees form IC. Currently, moving in loss but expected rise up today.
- NMDC has increased the price of Fine Ore by 100 per Megaton and its new price is 1860 per megaton. The price of Lump Ore is still holding the same position at 2100 per Megaton.
- KEC International has also got a new order of worth 840 crore rupees, which is quite enough to give a boost to KEC stocks. Stock price has already gained 1.3% in the morning session and expected to hike up with the positive movement in the market.
Free Stock Tips Today :: 5th December (Monday)
Sell Kalyani Steel below: 297.56 Targets: 293.41 — 289.14 — 284.91 Stoploss : 301.8
Sell A2Z Infra below: 40.77 Targets: 40.66 — 40.53 — 40.40 Stoploss : 40.91
Buy IL & FS above: 14.54 Targets: 14.61 — 14.69 — 14.77 Stoploss : 14.46
Sell NDMC below: 118.27 Targets: 115.62 — 112.95 — 110.31 — 107.69 Stoploss : 121.00
Buy KEC above: 141.02 Targets: 143.93 — 146.94 — 149.99 — 153.06 Stoploss : 138.06