Cimmco’s Stocks locked|| Nifty up

cimmcoAfter few weeks, finally Sensex Nifty looks in range today, Sensex was trading at 27770.26 above 94 points or a change of (0.34%), also Nifty surged over 16 points at 8394rs.

Top Gainers
HUL (2.90%), SUN PHARMA (1.74%), DR REDDY’S (1.01%), HERO MOTOCORP (2.19%), M&M (1.79%)

Top Losers
WIPRO (-4.14%), INFOSYS (-1.19%), Cairn India (-0.18%), SESA STERLITE (-0.76%), ONGC (-0.73%)

Our Technical Analyst said that, Any kind of rally pull back, Market can be used to go short on market. If we talk about the Cimmco , it jumps 9 % on defence equipment manufacturing licence.

Shares of Cimmco are locked at 10 percent upper circuit at Rs 106.30 on Wednesday on getting licence for manufacturing defence equipment.