Stock Market Slipping Away – Sensex tanks 300 pts

Sensex tanks 300 pts, Nifty breaks 8900; banks, IT drag

The market is slipping away under selling pressure. The Sensex is down 363.81 points or 1 percent at 29085.14 and the Nifty is down 119.70 points or 1 percent at 8818.05. About 615 shares have advanced, 1129 shares declined, and 164 shares are unchanged
 The Nifty shed 95.15 points or 1.06 percent to 8842.60. About 315 shares have advanced, 634 shares declined, and 113 shares are unchanged on the BSE.

TCS, ICICI Bank, HDFC Bank, Axis Bank, HDFC, Infosys, Sun Pharma, L&T, SBI, ONGC, M&M and Sesa Sterlite lost 1-3 percent while Dr Reddy's Labs, Reliance Industries and Coal India gained. The Indian rupee slipped 45 paise at 62.61 per dollar against Thursday's closing value of 62.16 a dollar.
Today’s Stock Market Tips

SELL BEML (LCP-1040.35) BELOW 1036 TG-1028-1020

SELL NBCC (LCP 1060.95) BELOW 1056 TG-1048-1040

SELL MCX (LCP 1226) BELOW 1222 TG-1213-1203

SELL TATA ELEXI (LCP-1439.35) BELOW 1434 TG-1425-1415

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