Thursday, May 7, 2020

NIFTY LOST THE WAY

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BUY M&M FIN ABOVE 176 TGT 182 - 186 SL 172
On Thursday  market has closed in red on the day of weekly expiry.Nifty dropped 72 points to close at 9199. The sensex has fallen 242 points to close at 31,443. Bank nifty has fallen 203 points to close at 19,492 due to pressure on bank shares. Today in consumer durables index has fallen the most. Banking, selling in fmcg shares was also a sell off. Shree cement has fallen 2% before the results, while the q4 profile of sbi card  the stock is looking strong at 2 %. Film and retail stocks are seeing a sharp jump. Pvr and inox leisure ran 5%. Ongc was the top loser in the sensex pack falling 5%. Other losers included ntpc, kotak mahindra bank, bharti airtel, titan, powergrid, bajaj auto, hdfc bank and bajaj finance.
TOP GAINERS-INFRATEL,M&M,RELIANCE,AXISBNK
TOP LOSERS-NTPC,BPCL,ONGC,GAIL,TITAN,UPL


4 comments:

  1. Sindhuradevi VutlaMay 7, 2020 at 6:02 PM

    your blog is really good , such a good think about market more important information found here .

    ReplyDelete
  2. will market recover again ?

    ReplyDelete
    Replies
    1. Yes sir..market will recover but it may be take time .... for better guidance u can trade on our daily bases calls. u can fill up that form & get tips

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