Closing Update- Shares slipped on Thursday after four consecutive sessions of gains as investors booked profits in oil refiners after the RBI kept rates unchanged. The RBI held its policy rate steady near 7-year lows on Wednesday after inflation rose, but looked to sustain the cooling economy by driving banks into lending more.
The BSE Sensex was down 79.68 points at 31,592.03, while the NSE Nifty was down 26.20 points at 9,888.70. The market breadth was positive as 1,493 shares rose against a fall of 1,148 shares, while 106 shares were unchanged.
Coal India, NTPC, Ambuja Cements and Aurobindo Pharma were the top gainers, while ICICI Bank, Tech Mahindra, Hero MotoCorp and Bharti Infratel lost the most.
Tomorrow Stocks Recommendation-
BUY GDL ABOVE 244 TARGETS 246.50, 249, 251.50 STOPLOSS 239
BUY DLF ABOVE 172 TARGETS 174, 176, 178 STOPLOSS 168
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