Market today

Today market is open on high note sensex and nifty zooming but still lower confidence in market cant support at highher level and profit booking at higher levels seen,afternoon announcement of inflation downward cant make some positive action in market and market close at positively.

Bse sensex open 16700 and nifty open around 5000 mark and at the end of session sensex close at 16483 gain of 360 point where nifty close around 4957 level.

Major gainers are ICICI Bank ,Hindalco Indus, steel Authority, Pantaloon Retail
Sterlite Indus,Tata Motors Ltd gained almost 6% each and looser today are
Idea Cellular Ltd,Bhel ltd, MphasiS Ltd, Asian Paints Ltd,IndiabullsFinService.

Market today

Market looking to open with negative bias again lack of buying support by investor still waiting and selective buying ,yesterday as i written here selling still continue in buying so no need to panic buying in market now ,retail stocks down panic due to protest against FDI approval cabinet,sugar stock also plunge on news of heavy crop production in Thailand ,metals and reality stock join downtrend continuously .

Bse index down 160 points and nifty down almost 50 point close around 5815 .

Trading call for today

Today market looking to be open with downside and nifty getting support around 4860-4870 .

buy nifty at 4870 with stoploss of 4850 for price target 4965 intraday and 5100 in coming days.

buy icicibank at 852 with stoploss of 843 for target of 900 2-3 days.

buy banknifty around 8800 with stoploss of 8650 for target of 9150 3-4 days.

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 %