First day of the week Indian stock market down today by global cues. Nifty and sensex under pressure sensex is down -211 pts or 0.78% to 26849.54 while nifty is fall 61.45 pts or 0.76% at 8044.05.
We can see that nifty may test higher levels of 8140-8150 by stable market breath. And improving by Midcap and small cap indices . Both indices are showing sluggish trend today, down 0.30% and 0.42%.
Nifty is likely to acts as 8200 resistance and the 8000 continue to remain strong support.
Bullish stock– Cipla 2.48%, Lupin 1.18%, United sprits 1.79%, Tech mahindra 0.27%, Dr. Reddy labs 1.02%, IDFC 0.67%, NMDC 0.88%.
Bearish stocks- Hindalco 3.08%, jindal steel 2.14%, Axis bank 1.16%, Asian paints 1.76%, Ambuja cements 1.21%, ACC 1.18%, Coal india 1.03%, GAIL 2.33%.