BSE: 13330.51 -139.34 -1.03%
NSE: 4,039.70 -9.30 -0.23%
The market today was at its voltile best , still traded within a range today. Sensex ended the day at 13,330, down 139 points from the previous close. Nifty shut shop at 4039, down 9 points. CNX Midcap index lost 0.2% and BSE SMallcap index, 1%. Metal, oil & gas and auto stocks saw good buying, while IT stocks had a bad day. The BSE IT index lost 5.9% today. Top Sensex gainers of the day include SBI, NTPC, Mahindra & Mahindra and Tata Steel, while losers were Ranbaxy, Satyam Computer, Infosys and TCS, among others.
The Nifty is likely to remained rangebound between 4000 and 4100. Continue to go short on realty stocks, he advises. ABB can be a good buy close to Rs 800 and NTPC at Rs 157, says Anil Maghnani, technical analyst, on Zee Business. ABB is at Rs 857.15 and NTPC at 167, on the BSE
Monday, July 14, 2008
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