Sensex breaks 8-day rally as GDP data looms- Intraday Trading Tips for Tomorrow

equity trading tips, Market news, Market down, Buy SellThe benchmark snapped an 8-session gaining streak to end lower on Tuesday with Sensex settled down 105.86 while the 50-share NSE Nifty dropped 29.30 points, at 10,370.25. The index had risen 964 points in the last eight trading sessions on the back of continued buying by domestic institutional investors and Moody’s India’s sovereign rating upgrade.
Shares of Maruti Suzuki, HDFC, Coal India, Bajaj Auto Asian Paints gained up to 1.5 percent while NTPC, Tata Motors, Bharti Airtel, Infosys, ONGC, ICICI Bank, Sun Pharma, Kotak Mahindra Bank, Reliance Industries and SBI lost up 1.9 percent.
All sectoral indices in NSE ended the day in red except Nifty Auto, Nifty FMCG, and Nifty Media.  Nifty PSU Bank stocks were the top sectoral loser at 3,984.85, down 1.10%, while on down side, shares of Indian Bank (-2.57%), Bank of Baroda (-2.05%), Union Bank (-1.73%) and PNB (-1.53%) were the major drags.

Intraday Trading Tips for Tomorrow

BUY TALBROAUTO ABOVE 298.5 TARGETS 303, 307.5, 312 STOP LOSS 289.5

BUY SADBHIN ABOVE 147 TARGETS 149.2, 151.4, 153.6 STOP LOSS 142.5

Get Two Days Free Trial click here

Leave a Reply

Your email address will not be published. Required fields are marked *