Market today

Today as i hope market trade and nifty touch its intraday high around 11 am thereafter selling pressure to continue in market whcih will pull market at new low and continue to break all level before closing lowest level for today nifty spot close at 4935.down almost 95 point from its preveious close where bse sensex almost down 320 point .

All indices down in market and lot of stock join list of 52 week low ,worst continue in stock like educomp,suzlon ,unitech and adani group shares.gaining stock like pantaloon up almost 12 % onthe news of FDI permisson in retail segment hope for stock.

sectorial indices

BANK NIFTY    8,930.90        -130.65     -1.44 %

CNX AUTO      3,608.85        -66.50       -1.81 %
  
CNX ENERGY   7,640.95       -257.05      -3.25 %
 
CNX FMCG     10,492.75      -153.35       -1.44 %

CNX INFRA      2,448.10       -48.40        -1.94 %

CNX IT           6,065.10       -46.00        -0.75 %

CNX MEDIA    1,154.20        -12.45        -1.07 %

CNX METAL    2,806.30        -62.15        -2.17 %
 
CNX MNC       4,654.75        -78.30        -1.65 %

CNX PHARMA  4,579.00        -67.30        -1.45 %

CNX REALTY     218.55          -5.80        -2.59 %
 
CNX PSU BANK 2,999.80      -42.90        -1.41 %

Market moov today

Indian stock market likely to open flat to positive note due to lack of short covering at lower levels at first session befor 11 am market touch it today high later on selling pressure seenin stock like banking,reality,infra and metals.

Nifty like to get resistance around 5080 and sell nifty at this level with stoploss of 5106 for target price of  4965 .

Sell banknifty around 9170 withstoploss of 9235 for target of 8980