The Sensex is down 134.09 points or 0.5 percent at 28370.84, and the Nifty is down 43.70 points or 0.5 percent at 8589.80. About 1525 shares have advanced, 1316 shares declined, and 167 shares are unchanged.
The Reserve Bank is likely to keep interest rates on hold in the next month’s monetary policy meet, but may slash the key lending rate by a 50-75 basis points by March 2016, Morgan Stanley today said.
Top Gainers in the Sensex : Tata Motors, Dr Reddy’s Labs, M&M, Maruti Suzuki and NTPC.
Top Losers in the Sensex : Lupin, Bajaj Auto, Tata Steel, Bhart Airtel and HUL.
Stock tips tomorrow:
Bharat Electronics Ltd. is a ‘BUY’ call with a target of Rs 3,930 and a stop loss of Rs 3,740
Eicher Motors Ltd. is a ‘SELL’ call with a target of Rs 20,650 and a stop loss of Rs 20,050
Nifty Future Holding Tips:
Hold Bajaj Auto for long term
Buy Sun Pharma For Long Term