Sensex cracks 364 pts, Nifty breaks 9800, ITC drags 13%, Stock Tips Tomorrow (19/07/2017)

stock market downOn the week of the second day, when the stock market opened on the lower note in the morning trade, the end of the day ended, also posted biggest single day loss in 2017. after rising for three consecutive trading sessions, Sensex dragged over 360 points while Nifty fell 88 points down but manages to close above 9,800. There were 29 advances and 22 declines in Nifty. Strong selling pressure recorded in ITC and Reliance Industries. ITC recorded 14% lower in the morning trade and the end with 12.63% lower to Rs 284.6. ITC was the biggest contributor to the losses of both main indices Nifty and Sensex in Tuesday’s trading session.

Top Losers-
ITC (down 12.63%) Reliance Industries (down 2.03%), State Bank of India (down 0.8%), Power Grid (down 0.55%), HDFC (down 0.23%), Mahindra & Mahindra (down 0.21%).

Top Gainers-
Asian Paints (up 1.82%), BHEL (up 1.70%), Axis Bank (up 1.18%), Sun Pharma (up 1.18%), ONGC (up 1.06%)

Stock Tips Tomorrow (19/07/2017)

BUY GENESYS ABOVE 267 TARGETS 269.5, 272, 274.5 STOPLOSS 262.0
BUY ITI ABOVE 101.65 TARGETS 102.65, 103.65, 104.65 STOPLOSS 99.65
SELL LUXIND BELOW 1160 TARGETS 1150, 1140, 1130 STOPLOSS 1180

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