2016-12-20

Benchmark indices remained steady amid low volumes in morning, supported by technology, infra and FMCG stocks. Banks stocks remained under pressure. The 30-share BSE Sensex was up 23.06 points at 26397.76 and the 50-share NSE Nifty gained 4.85 points at 8109.20. Nifty IT index climbed 1 percent as TCS and Infosys rallied 1-2 percent. ITC and L&T continued to support the market with a percent upside. Shares ICICI Bank, SBI, ONGC, Bajaj Auto and Axis Bank remained lower by 1-2 percent. Non-banking finance company Bharat Financial was the most active stock on the NSE, falling more than 3 percent.

Today’s Top Sensex Gainers : TCS, Infosys, GAIL, ITC and Coal India
Today’s Top Sensex Losers : Bajaj Auto, Tata Steel, SBI, ONGC and ICICI Bank

Nifty Trend for today : Tuesday

TREND: CONSOLIDATE TO BEARISH

RESISTANCE: 8126, 8148

SUPPORT: 8089, 8073

APPROACH: SELL ON HIGH

Free Intraday Tips for Today : 20th December (Tuesday)

BUY GSFC ABOVE 96.9 TARGETS 97.8 , 98.7 , 99.6 STOPLOSS 95.1
SELL MANAPPURAM BELOW 62.9 TARGETS 62.3 , 61.7 , 61.1 STOPLOSS 64.1
BUY DISHMAN ABOVE 211.4 TARGETS 213.4 , 215.4 , 217.4 STOPLOSS 207.4

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