Nifty ends below 8450, Monday 7 October Stock Option Future Calls Tomorrow

Closing Update- The BSE Sensex lost further ground this morning by declining 43 points by foreign funds and selling by retail investors in the midst of continued sell-off in global markets, reeling under fright that market hero Hillary Clinton may lose US election. 

The Sensex moved down 156.13 points or 0.6% at 27274.15, while the Nifty slipped 51.20 points or 0.6% at 8433.75. Shares advanced are 698 in nos, declined 2205 nos, and there is no change in 119 shares. 

Big losers that dragged down the indices were Sun Pharma, Dr Reddy's, Lupin, Hero and Coal India, while Wipro, ITC, M&M, HUL and ICICI Bank were losers in the Sensex. 

In the meantime, a 4-tier GST tax structure of 5, 12, 18 & 28% that intends to lower tax incidence on most goods and keep out essential items, was determined by a high-powered council yesterday is a major breakthrough for rollout of the GST regime from April 1, 2017 onwards.

Monday 7 October Stock Option Future Calls Tomorrow

SELL HAVELLS Future below 381.5 Targets 380.3,379.1,377.9 Stop loss 384
BUY INFRATEL Future above 364.5 Targets 366.1,367.7,369.3 Stop loss 361.3
SELL ZEEL Future below 500 Targets 498.1,496.2, 494.3 Stop loss 503.8

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