The last trading day of the week was seems pressure on the Stock Market. Nifty is facing difficulties crossing 10800. Both the Sensex and Nifty have closed at the same level yesterday. Bank Nifty closed with 185 points weak from the previous close. Indeed, pressure on the bank nifty due to selling of 3 percent stake in the block deal of ING Group in Kotak Mahindra Bank. Government and private banks have only low levels. However, buying was seen in mid-cap stocks.
In banking sector, pressure was seen in HDFC Bank, IndusInd Bank, Allahabad Bank and DCB Bank today, while auto sector has gained momentum in today’s trading session. Auto Motors, Tata Motors, TVS Motors, M & M, Maruti Suzuki have seen rapid growth in the auto sector.
Finally BSE 30 Share Index has closed to 35,871.48 down by 26.87 points. On The Other hand NSE Nifty 50 share Index closed 10791.65 with a slight increase of 1.80 points i.e. 0.02 percent.
Stock Advice for Tomorrow Monday
Aries Agro Ltd: Buy ARIES for Tomorrow Intraday above 76.6 for targets 77.6, 78.6, 79.6 Stop Loss 74.6.
Gati Ltd: Buy GATI for Tomorrow above 80.3 Targets 81.5, 82.7, 83.9 Stop Loss 77.9.
Welspun Corp Ltd: Buy WELCORP for Tomorrow Intraday Above 117 Targets 118.7, 120.4, 122.1 Stop Loss 113.6.