Budget 2016- Live Market Update, 1 March Tomorrow Stock Trading Calls For Tomorrow

Indian stocks edged lower in choppy trading session as increase in Securities Transaction Tax (STT) on equity options and levy of tax on dividend for high net worth individuals offset the government sticking to the 3.5% fiscal deficit target for 2016-17 in the Union Budget 2016-17. 

The Sensex, fell 127.29 points or 0.55% at 23,027.01. The Nifty lost 42.70 points or 0.61% at 6,987.05. The Sensex provisionally settled above the psychologically important 23,000 level. 

The Nifty provisionally settled below the psychologically important 7,000 level. . Standard & Poor's retained its sovereign rating on India despite the government sticking to its fiscal deficit target in Monday's Budget as it waited for further improvement in public finances. 

Nifty Top Gainers- ICICI Bank 3.73%, Kotak Bank 2.66%, Indusindbk 2.42%, SBIN 2.28%, ITC 1.63%, BPCL 1.60%, Reliance 1.54%, Dr. Reddy’s 1.52%, HDFC Bank 1.47%. 

Nifty Top Losers- ONGC 10.76%, Cairn 5.53%, BHEL 4.89%, Maruti 4.29%, LT 3.23%, Infosys 3.18%, Hindustan 2.81%, ZEEL 2.68%. 

TOMORROW STOCK NIFTY FUTURE TRADING CALLS- 1 MARCH 

CALL BUY SHAKTIPUMP ABOVE 111 TARGETS 112 , 113 , 114 STOPLOSS 109
CALL BUY SMARTLINK ABOVE 96 TARGETS 97 , 98 , 99 STOPLOSS 94 

CALL SELL BFINVEST BELOW TARGETS 115 , 114 , 113 STOPLOSS 118 116

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