NIFTY FALL FOR 2ND STRAIGHT DAY, NIFTY SHUTS BELOW 8,600 MARK

The Sensex lost 310.28 points or 1.1% to settle at 27,774.88, its lowest closing level since 4 August 2016. The index lost 348.54 points or 1.24% at the day's low of 27,736.62. The index rose 58.12 points or 0.21% at the day's high of 28,143.28.The Nifty dropped 102.95 points or 1.19% to settle at 8,575.30, its lowest closing level since 4 August 2016. The index shed 113.65 points or 1.31% at the day's low of 8,564.60. The index rose 11.85 points or 0.14% at the day's high of 8,690.10. Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone. Now Market is in a range bound region. Nifty if closes below 8626, then it would see a sharp breakdown in upcoming days. Traders can hold long positions or go long at dips until Nifty holds 8626 levels by closing. There are strong chances of renounce if Nifty holds those levels by closing else a sharp breakdown is confirmed. Traders should watch 8626 levels by closing and if it closes below those levels, traders can
close all long positions and can take home fresh short positions for huge profits.

TOP GAINERS: Adani Ports, Bank of Baroda, TCS, HCL Tech, Yes Bank, ZEE 

TOP LOSERS:  Grasim, ACC, Idea Cellular, Ambuja Cements, Lupin, Hero MotoCorp