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"BUY AXIS BANK ABOVE 740 TGT 750/762 SL 733"
Today
was the weakest Monthly Expiry of 6 months. The market continues to be infected
by the virus. Due to February expiry Sensex was down 143 points at 39745, while
Nifty was down 45 points closed at 11633.This series was extremely weak for the
market where the Nifty has lost 4%. At the same time, Bank Nifty fallen by 2% .
Mid and small-cap stocks closed on the downside along with heavyweight stocks.
Bank Nifty has fallen 0.40 per cent to close at 30187 levels due to the fall in
banking shares. Except pharma, all other stocks were ended in the red followed by the IT, energy, metal, infra
& auto .Stock was mcdowell Holdings gained 19% ,Muthoot Finance gained 24%.
The Bajaj Fin climbed 9.5%, while the HUL gained 9.5%. Here Shriram Trans has
gained 17%., Bajaj Fin gained 14%, Escorts & SRF 12%, Mindtree 11%,
Balkrishna Ind and HUL 10%. Also in
February series, PFC gained 8%, Torrent Pharma 7% and Apollo Hosp 6%.
SBI also lost 2.5% after a two-day rally. ICICI Bank, HDFC Bank was trading at
4-week low.
TOP GAINERS -SUNPHARMA,TITAN, AXIS
BANKTOP LOSERS-WIPRO, JSW TEEL, ZEEl, ONGC IOC
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