The Sensex settled the day 259 points or 0.80% lower at 32,014. The Nifty50 also ended below its crucial 10,000-mark quoting 9,978, lower 78 points. The BSE Midcap and the BSE Smallcap indices also losing over 1 percent each, due to the unexpected regulatory order imposing trading restrictions on 331 listed companies identified as shell companies.
Tata Steel and Cipla are major gainers with gains of 2.5% percent and 2.3%, while Dr. Reddy’s Labs and Coal India are major losers with losses of 2.59% and 5.34%, respectively.
Investors booked profit in latest outperformers. Nifty PSU Bank index lost as much as 2.8% with Bank of India and PNB leading the fall.
Stock Market Prediction Tomorrow - 09 Aug
BUY JAMNAAUTO ABOVE 293 TARGETS 296 , 299 , 302 STOPLOSS 287
BUY PCJEWELLER ABOVE 295.50 TARGETS 298.50, 301.50 , 304.50 STOPLOSS 289.50
BUY FILATEX ABOVE 144.50 TARGETS 146 , 147.50 , 149 STOPLOSS 141.50
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