April 17, Sensex Nifty Sqeezing

sensex2015_sensex_3745_356Stock Market seems in a besrish note. BSE Sensex trading at 28577.40rs below 88 points or a change of (-0.31%) including shares of coal India, ICICI(-0.82%), TCS(-3.64%), Wipro(-1.85%), Infosys(-0.54%). Towards to the Nifty, Nifty traded under pressure, It was trading at 8655.35rs decreasing 50 points or a change of (-0.59%) with shares of ACC, Ambuja, Bajaj Auto, Axis Bank.

Today TCS slipped over 3 percent in intraday and below 200 DMA on Bombay Stock Exchange. After the IT major reported a net profit of Rs 5,773 crore, up 8.4 per cent, quarter-on-quarter, as against an ET Now poll estimate of Rs 5,396.3 crore. It was the Top loser in both Sensex & Nifty today.

Calls for today:

Bata India Ltd is a ‘SELL’ call at 1121.75 with a target of Rs 1,105 and a stop loss of Rs 1,135.