MARKET SUMMARY FOR 8 JUNE 2015

FUTURE:

“BUY TATAMOTORS ABOVE 440 TGT 450 SL 430”

The market ended on a negative note as the Sensex slips 245 pts or 0.9% at 26523. And The Nifty slipped 70 points or falls by 0.9 % at 8043 made low of 8032, so The market is move towards weak closing for the fifth consecutive session. Tata Power, Bajaj Auto, Axis Bank, M&M and TCS were top gainers while Vedanta, Tata Steel, Sun Pharma, Reliance and Hero MotoCorp were losers in the Sensex. About 788 shares advanced, 1850 shares declined, and 176 shares were unchanged. 25 of 30 Sensex stocks ended the day in red. Nestle BSE -7.63 % ended day nearly 8 per cent down. Nestle India Ltd slipped

over 7 per cent in intraday trade on Monday, after media reports suggested that the Swiss multinational's decision to withdraw Maggi from the Indian market could shave off around Rs 160 crore from its June quarter turnover. Bank nifty also moved choppy with negative bias. Bank nifty falls by 0.8% at 17397. PNB falls by 4.4% and Cairn india also falls by 3.5% were top losers in the sensex.
TOP GAINERS AND LOSERS ARE:

Sectors	Change %	Top Gainer/Loser Company
Power Generation & Distribution	0.6 %	Tata Power Co.
BANK	0.6	Axis bank
IT	0.2 %	TCS
Steel	-3.0 %	Tata Steel
FMCG	-2.2 %	Hind. Unilever
Refineries	-2.2%	Reliance Inds.
Finance	-1.8 %	H D F C
Crude Oil & Natural Gas	-3.5 %	Cairn India
Non Ferrous Metals	-1.9 %	Hindalco Inds.