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SURE SHOT CALLS

Wednesday 30 March 2016

Nifty ends at 7597, Sensex below 25000, Pharma, IT down, Stock Tips Tomorrow

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Ups and downs in the market today. After showing a sluggish in the decline in early trading, the market decline was deeper. But today strong start to the European markets supported in domestic markets. The Sensex and Nifty was normally 0.5 per cent growth. During the last half hour of the trading session the market was dominated again selling. 

The 30-share Sensex recovered around 200 points while the nifty was by 50 points, The Sensex closed down 65.94 points or 0.26% at 24900.46, it was touched a high of 25079.35, it touched a low of 24835.56. 

The 50-share Nifty index was falls 18.10 points or 0.24% at 7597.00, it was touched a high of 7652.90 and touch a low of 7582.25. 

Midcap and Small cap seeing selling pressure, Nifty Midcap decline 100 points or 0.4 per cent at 12390 and BSE Small cap index weakness of 0.25 per cent closed at 10300. 

Pharma, IT, infrastructure, FMCG and power stocks witnessed selling pressure on the market. Nifty, Pharma index 2.7 per cent, IT index 0.5 per cent, Infra index 0.3 per cent and FMCG index 0.5 per cent declined. 

Maruti 2.36%, Tata Motors 2.30%, IDEA 1.95%, Tata Steel 1.70%, Indusindbk 1.66%, Asian paints 1.49%, Bank of baroda 1.48%, Axis Bank 1.44%, Reliance 1.33%, Adani ports 1.23% were top gainers today. 

Lupin 6.03%, Cipla 4.11%, Dr.Reddy’s 3.22%, Gail 2.35%, BHEL 2.17%, Sun Pharma 1.99%, Tech-mahindra 1.72%, HDFC 1.70%, ZEEL 1.69%, NTPC 1.66% were top losers today.

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