On Tuesday market slipped into the red.Nifty not been successful in getting past the 15300 which is the upper end of
the Nifty's current trading range. Neither nifty broken down. This is a classic case of
range bound movement where the index taking time to decide on its next course
of direction. On the sector front, a mixed trend was witnessed wherein banks,
IT and consumer durable were the top gainers while metals, oil & gas and
power were the top losers. We expect the move to form on the upside. Among the sectors, IT and select banking
counters look promising while others may continue to trade lackluster.
TOP GAINERS-TATAMOTORS,M&M,WIPRO,ADANIPORTS,NTPC
TOP LOSERS-ONGC,HDFC,COALINDIA,UPL,SBIN
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