Market Watch

Monday, 18 August 2014

Stock Tips & Market Alert: Nifty Above 7800 Level

Indian markets are expected to trade in a range on Monday, tracking muted trend seen in other Asian markets and SGX Nifty.
The S&P BSE Sensex on a flat-to-positive note led by gains in auto, capital goods and banks even as the Asian markets remained mixed. According to analysts, the trade may turn choppy as the session progresses as the benchmarks are close to their resistance levels.
The Sensex is up 20.46 points or at 26123.69 and the Nifty is down 6.45 points at 7785.25.
About 391 shares have advanced, 238 shares declined, and 39 shares are unchanged.
Tata Power, ONGC, HUL, Tata Motors and Dr Reddy's Labs are top gainers in the Sensex. Among the losers are Sun Pharma, Hindalco, Cipla, Coal India and Bharti Airtel.

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