Tuesday December 30, 2014 Sensex falls after rallying.

As compared to yesterday’s market, the S&P BSE Sensex slipped in red after rallying upto -23.71 ptsor -0.08% at 27372.72 with degradation in oil and gas, metal, Auto including BSE IT index in CMC and BSE Power index in Reliance Infra, Reliance Power, NHPC.

IRB Infrastructure BUY with a target of Rs 272 and a stop loss of Rs 255.

Adani Enterprises BUY with a target of Rs 480 and a stop loss of Rs 458.

Similarly If we talk aboput Nifty, CNX Nifty lead down by -5.95 pts. With change of -0.03% 8240.35. it also seems like negative trend in Bank Nifty, CNX Metal,CNX Auto.

Bearish stock:

Company Prev Close (Rs) Current Price (Rs) % Change
Reliance Inds. 897 882.95 -1.57
Sesa Sterlite 215.3 212.20 -1.44
Cairn India Ltd. 239.2 236.15 -1.28
Tata Steel 404.1 399.65 -1.10
GAIL (India) Ltd. 441.95 437.95 -0.91

Bullish stock:

Company Prev Close (Rs) Current Price (Rs) % Change
NTPC 140.1 141.95 +1.32
Tech Mahindra Ltd. 2589.75 2,623.95 +1.32
Bharat Heavy Ele 254.5 257.60 +1.22
L & T 1490.3 1,505.00 +0.99
Bharat Petroleum 647.1 653.20 +0.94