Selling signals from Global stock markets domestic market has closed low today. Sensex down 75 points in today’s trading is closed at the level of 27126. The Nifty closed 15 points down on 8323 levels. In today’s trading infrastructure sector has seen largest decline.
Infra shares fall Today
Infra sector shares have declined the most today. Sector index closed with a decline of 1 per cent. Reliance Communications has recorded the highest fall, rolled out by 3.53 per cent today. While shares of IRB Infra were down by 2.6 percent and GMR Infra has declined 1.8 percent. PSU banks index has seen a drop of 0.94 per cent. Union Bank, Syndicate Bank, Bank of Baroda, Canara Bank’s were dropped by 2 per cent today. Power sector index has declined by 0.7 per cent. GAIL down by 2.4 per cent, 1.4 per cent decline in ONGC, Reliance Industries and Indian Oil observes fell about one per cent.
Telecom sector witnessed a declined of 4 per cent today. Down trend because of fears of demand notice sent by government. Idea Cellular stock fell 4.14 per cent during trading, Bharti Airtel have declined 2.78 per cent.
Intraday Stock Tips For Tomorrow (Monday): 11th July
- Buy TGB Hotels 75.50, Intraday target of 76.20, 76.90 and 77.60, Stop loss at 74.10
- Buy BROOKS above 102.50, Intraday target of 103.50, 104.50 and 105.50, stop loss at 100.50
- Sell MAWANASUG below 65.50 with stop loss at 66.70, Intraday target at 64.90, 64.30 and 63.70
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