Market falls as RBI keeps policy rates unchanged, Tomorrow stock tips- 07 Dec

Sensex, Nifty tumbled after the Reserve Bank of India kept key policy rates unchanged after monetary policy review today, 6 Dec 2017. The BSE Sensex fell 205.26 points to 32,597.18. The NSE Nifty 50 index fell 74.15 points to 10,040.10. Negative cues from global stocks also spoiled investor’s sentiment. 

Banks stocks declined after the RBI kept policy rates steady after monetary policy review today. The falling banks stocks includes ICICI Bank (-2.31%), HDFC Bank (-1.18%), Yes Bank (-0.71%), Axis Bank (-0.63%), IndusInd Bank (-0.62%), City Union Bank (-0.61%), Federal Bank (-0.46%), RBL Bank (-0.13%) and Kotak Mahindra Bank (-0.11%). 

Metal & mining sector stocks edged lower as commodities prices fell in the international market since investors raised convert over China demand for metals. The declined metal stocks include Hindustan Copper (-4.71%), Jindal Steel & Power (-4.03%), Hindalco Industries (-3.15%), Hindustan Zinc (-3.18%), Steel Authority of India (-2.68%), NMDC Limited (-2.88%), JSW Steel (-2.24%), Vedanta (-2.39%), National Aluminium Company (-2.18%) and Tata Steel (-1.10%). 

RBI left the repo rate unchanged at 6 percent but increased the CPI inflation target. The RBI, at its 5th Bi-Monthly Monetary Policy meet, increased the CPI inflation target for October - March to 4.3% to 4.7% from 4.2% to 4.6% earlier.

07 Dec Top Gainers Stock Future Trading Calls For Tomorrow 
BUY NCC FUTURE ABOVE 121.5 TARGETS 122, 122.5 STOPLOSS 120.5
BUY BIOCON FUTURE ABOVE 519 TARGETS 521, 523 STOPLOSS 516

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Sensex rose 41 points, 06 May tomorrow nifty market trading call, Free nifty tips

The market closed 41 points gain after last 5-day session ends falling trends. BSE Sensex recover over 41 points. 

The 30-share Sensex index closed bounced 41.23 points or 0.18% up at 22445.12 and touched a intraday high of 22592.03 and touch a low of 22354.45. 

The 50-share nifty index closed up 4.55 points or 0.07% at 6699.35. it touch a today high of 6741.05 and touch a low of 6680.45. 

Nifty top gainers:- Hindalco 5.13%, Jindal steel 2.01%, Tata steel 1.77%, Reliance 1.76%, ONGC 1.73%, LT 1.70%, Axis bank 1.49%, ITC 1.29%, Asian paints 1.28%, BPCL 1.17%. 

Nifty top losers:- HCL tech 3.21%, HDFC 2.64%, Cipla 2.23%, Tata power 1.93%, NMDC 1.84%, BHEL 1.84%, BHEL 1.69%, Wipro 1.61%, Bharti Airtel 1.47%, Techmahindra 1.38%, Infosys 1.34%. 

Tomorrow 06 May Nifty future market trading call 
BUY Tata steel with targets 402/403/404 and Stop loss 392 
BUY BHEL with targets 177/178/179 and Stop loss 172

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Nifty Sensex End With Gain Despite Of Weak Global Market

In International Market Asian markets finished mixed to lower

as of the most recent closing prices. Shares in Japan fell as the Nikkei 225 dropped 0.25%. The Shanghai Composite lost 0.19% while the Hang Seng in Hong Kong closed unchanged.

Today Indian Stock Market close flat, market opening with bullish zone. Today Nifty 50-share index ended at 6203.35, up 14.35 points or 0.23 per cent. It touched a high of 6,212.40 and a low of 6,180.20 in trade today. BSE Sensex ended at 20890.82, up 40.08 points or 0.19 per cent. It touched a high of 20,934.40 and a low of 20,828.69 in trade today.

Intraday Tomorrow Calls -

SELL - TCS Ltd. Target below 2040 Target 2038/2035/2030 Stop Loss 2048