Thursday 7 April 2016

Accurate Sure Shot Stock Tips Market start at a cautious note

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The S&P BSE Sensex started on a cautious note with a slight negative bias in morning trade on Friday, led by losses in Infosys, TCS, Axis Bank, SBI, Maruti and Sun Pharma. The Nifty50 lost momentum and was trading around its psychological support level of 7,550 weighed down by losses in IT, realty, oil & gas, consumer durable, and auto stocks.
The Indian stock market started off last day of the week on a negative note, tracking weak Asian cues. The Sensex fell 45.88 points to 24639.54 and the Nifty declined 12.25 points to 7534.20. Technology stocks were under pressure while FMCG and private banks gained strength.
Infosys, BHEL, Hero Motocorp, Tata Steel, Maruti Suzuki and Ambuja Cements were early losers, down 1 percent each while Dr Reddy's Labs, Tata Motors, Lupin, Coal India, NTPC, Tata Power and BPCL were gainers. Asia markets were broadly lower today, after US equities sold off overnight amid renewed concerns over global growth and the effectiveness of central bank policy. Japan's Nikkei was down 0.13 percent. China's Shanghai lost 0.9 percent and Hong Kong's Hang Seng declined 0.7 percent.

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