The Indian market chock sharply on the morning.The sensex is down 312.08 points at 20821.48 and the nifty is down 89.85 points at 6176.90 . The Indian rupee down 22 paise to 62.88 per dollar in the early trade on Monday.
In nifty index red zone are seeing in the morning session most of shares showing heavy downfall on Monday ranbaxy labs 6.05%, tata motors 5.10%, Maruti suzuki 4.02%, jaiprakash asso 4.50%,IDFC 3.62%, hindalco 3.73%,Bank of baroda 3.05%, Ambuja cements 2.21% are the losers which is decline the nifty index with heavy points.
Tata motors ltd share slipped 5% in trade on Monday after its managing director karl slym died in Bangkok on Sunday in a eccentric accident.
Ambuja Cements Ltd SELL target 157/155/153 and a stop loss 166
Tata Steel Ltd SELL call with a target 363/365/368 and a stop loss 381