Today Stock Market in a bearish note and shows red. At 11:30 AM, S&P BSE Sensex was trading at 288009rs below 75 points or a change of (-0.26) percent, On the other hand CNX Nifty was trading at 8751.35rs below 26 points or a change of (-0.31) percent. Shares of Nifty drops down by Cairn India, Cipla, Coal India, Dr. Reddy labs, HCL Tech, ITC.
Meanwhile IDFC gained above 3 percent as stakeholders approved planning of arrangements between company & IDFC Bank.
BUY IDFC Ltd by 176.05, Target- 185, Stoploss- 171
Also, BUY M&M by 1278.55, Target- 1284, Stoploss-1260
In Pharma Sector, CNX Pharma drops down by 103 points at 13442rs or a change of (-0.76%). Lupin, Sun Pharma, Cadila Health slipped.