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Wednesday, 16 July 2014

Sensex gain 221.67 points, nifty above 7500, 16 July stocks nifty future trading calls on tomorrow

The market closing updates:- The 30-share Sensex was surged 221.67 points or 0.89% at 25228.65 and the 50-share NSE nifty was closed gain 72.50 points or 0.97% at 7526.65. The equity benchmarks broke out the five-day losing streak on Tuesday, gaining stocks nearly per cent after better CPI inflation data in June.

The S&P BSE Sensex largest gaining performance like capital goods up 2.23%, Bankex index 2.76%, Auto & Metals index 1.30-40% and Oil & gas index 1.58%, while protection like FMCG and Technology saw under pressure.

Nifty top gainers today:- SBIN 4.34%, BHEL 4.23%, Bank of baroda 4.00%, NMDC 3.54%, DLF 3.53%, ICICI bank 3.40%, Tata steel 3.11%, Axis bank 2.87%, PNB 2.82%, M&M 2.58%.

Nifty top losers today:- Dr. Reddy's 1.86%, Asian paints 1.61%, Hero motocrop 1.49%, NTPC 1.42%, TCS 1.04%, HDFC 0.90%, ITC 0.86%, SSLT 0.81%, Hindustan unilivr 0.81%, Wipro 0.58%.

16 July stocks market nifty future call on tomorrow 
SELL BHEL with targets 233/232/230 and Stop loss 245 
SELL SBIN with targets 2500/2480/2460 and Stop loss 2560 
BUY Reliance infra with 775/780/790 and Stop loss 750

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