4:00 PM - It was a day of selling pressure in the markets with both benchmark indices and all sectoral indices closing with substantial losses. IT and realty remained the worst performers in today's session and auto, metal, capital goods, oil & gas and banking, too, played their roles in pulling the indices down. The Sensex closed at 16748, down 277 points from its previous close, and the Nifty shut shop at 5037, down 81 points. The CNX Midcap index closed with 1.3% loss while the BSE Smallcap index was down 1% in today's trade. The market breadth was negative with advances at 335 against declines of 1085 on the NSE. The top Nifty gainers were Coal India, BPCL, Ranbaxy and GAIL while the biggest losers included HCL Tech,TCS, Hindalco and Tata Motors.
Source: money.rediff.com
TIP for 19.10.2011
1. Sell TCS at/below 1032.01 TGT 1025.10/1017.75/1010 SL 1040.06
2. Sell JPassociate at/below 70.14 TGT 68.09/66.04/64.03 SL 72.25
Source: money.rediff.com
TIP for 19.10.2011
1. Sell TCS at/below 1032.01 TGT 1025.10/1017.75/1010 SL 1040.06
2. Sell JPassociate at/below 70.14 TGT 68.09/66.04/64.03 SL 72.25
