The market extended losses with the Nifty falling below 7600 amid volatility. Healthcare, infra and technology stocks pushed the market down while auto and metals stocks continued to support.
The 30-share BSE Sensex fell 116.26 points to 24850.14 and the 50-share NSE Nifty declined 28.20 points to 7586.90. The market breadth also weakened further as about two shares declined for every share advancing on the BSE.
The 30-share BSE Sensex fell 116.26 points to 24850.14 and the 50-share NSE Nifty declined 28.20 points to 7586.90. The market breadth also weakened further as about two shares declined for every share advancing on the BSE.
TODAY MARKET TIPS BY EXPERT
- Buy Century Textiles at Rs 525.50, target 537.50 rupees, stoploss of Rs 516
- CEAT Sell, target of Rs 1026, Rs 1062 stoploss
- Buy Biocon, target of Rs 510, Rs 460 stoploss
- Sell Reliance Comunikeshns April futures, target Rs 47, stoploss of Rs 53:
- Sell Canara Bank at light speed, target of Rs 177, Rs 185.50 stoploss
- Glenmark March Futures Sell, target of Rs 808, Rs 826 stoploss
- Sell March futures Dabur India, target of Rs 240, Rs 247 stoploss
- ACC Futures March Buy, Target Rs 1410, Rs 1363 stoploss
- March futures Cipla, target of Rs 520, Rs 533 stoploss: Globe Capital
Equity benchmarks recover in late morning trade. The Sensex declined 25.96 points to 24940.44 and the Nifty slipped 1.40 points to 7613.70.
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