Sensex plunged by over 400 points, NIFTY at 2 Months Low | Future and Option

Hello Friends!!!

Indian markets are expected to trade lower on Friday…

future and optionThe Sensex Rolled up 400 points in early trade, The Nifty has been falled to below 8,250. Sensex and Nifty is seeing weakness around 1.5 per cent. Midcap and smallcap stocks are also beating.

CNX Midcap Index fell 1.8 per cent has come down to 13,600. The BSE Smallcap Index was down 1.75 per cent to 11,500, with weakness. All BSE sectoral indices are in the red note.

But the auto , realty , capital goods , banking and oil & gas stocks dominate the highest selling. BSE auto , realty , capital goods and oil & gas index was 2 to 1.7 per cent. Bank Nifty was down 1.8 per cent to 18,000.

Shares of ICICI Bank, HDFC, Larsen & Toubro, SBI, Tata Motors, ITC, Axis Bank, Reliance Industries and Bharti Airtel were the biggest contributors to Sensex’s fall, down 1-4 percent.

Amtek Group fell down 50% in last 2 days, Amtek Auto ‘s stock was at Rs 123 on Wednesday, which has come down to Rs 62.75 now.


Reliance Infrastructure Ltd is a ‘SELL’ call with a target of Rs 335 and a stop loss of Rs 360

Tata Motors Ltd is a ‘SELL’ call with a target of Rs 330 and a stop loss of Rs 347

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