Sensex & Nifty for the day
The S&P BSE Sensex slipped as much as 76 points in trade on Tuesday following muted trend seen in other Asian markets. The fall in the index was led by losses in Coal India, ITC, Tata Motors, ICICI BankBSE -1.03 % and M&M.
The trend deciding level for the day is 29,432 / 8,938 levels. If NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally up to 29,604 – 29,748 / 8,991 – 9,025 levels. However, if NIFTY trades below 29,432 / 8,938 levels for the first half-an-hour of trade then it may correct towards 29,287 – 29,115 / 8,904 – 8,851 level.
Today Stock Tips
- Buy Cipla with a target of Rs 756 and a stop loss of Rs 699.
- Buy Voltas Ltd with a target of Rs 288 and a stop loss of Rs 266.
- Stocks in action for the day:
- BajajAuto, AdaniPower, GMRInfra, Sun Pharma, JubilantLife, TVSMotor, Sesa.
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