Monday, March 2, 2020

HOW TO TRADE NIFTY AMID CORONA CRISIS


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Today Nifty slipped from highs and closed 0.40% lower, after 2 new cases of coronavirus were detected in India. There was heavy selling in the market today in the last hour. The Sensex  fallen 153 points to close at 38144. At the same time, the Nifty fallen 69 points to close at 11133. Bank Nifty  also fallen by 279 points to close at 28868 today. At the same time, the midcap  fallen 115 points to close at 16672.Pharma & metal stocks  also seen buying strongly. Today IT shares was the biggest contributors of the boom. Today shares of SBIN fell more than 5%, Escorts share price rose over 8%, & TVS Motor share price shed 4%.HCL Tech, Infosy were among today's Top Gainers. Metal stocks seen a strong shine. VEDL, JSWSTEEL & HINDALCO have also risen 3%. Volume spike was seen in stocks like NTPC, PVR, BAJAJ AUTO, CENTURYTEX &  ESCORTS. Long buildup was seen in stocks like NAUKRI, ESCORTS, MINDTREE,& IBULHFIN. Short build-up was seen in stocks like PVR, Bajaj Auto, & NTPC.
TOP GAINERS-ICICI BANK, EICHER MOTORS, HCL
TOP LOSERS-GAIL, TATA STEEL, SBI, YESBANK

2 comments:

  1. This Blog is always be useful for Knowing about Stock market News .

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  2. Thankyou ma'am & keep reading this blog..

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