Small and midcap stocks hit record highs, with the Nifty Smallcap 100 index climbing as much as 1.1% and the Nifty Midcap 100 index up as much as 0.6%. Extending losses for second consecutive week, benchmark indices settled marginally lower in a volatile session as investors stayed cautious in the earnings season. Nifty50 slipped below 9,100, dragged by index heavyweights like Sun Pharma and ITC. However, RIL and HDFC Bank supported the market. The quarter results till date has painted a mixed picture while concern over upcoming French election is adding risk to the market.In the broader market, the S&P BSE Midcap index and the S&P BSE Smallcap index added 0.02% and 0.2%. BSE Sensex closed with the loss of 57 points at 29365 while NSE Nifty dropped 17 points and closed at 9119.
Best Nifty Tips For Monday(24th April)
Nifty Trend For Tomorrow
TREND: BULLISH TO CONSOLIDATE
RESISTANCE: 9190, 9240
SUPPORT: 9080, 9030
STRATEGY: BUY ON DIPS
Stock Tips(Expert Prediction):
BUY ORIENTBELL ABOVE 225 TARGETS 227.20, 229.40, 231.60 STOPLOSS 220.60
BUY SHIVAMAUTO ABOVE 59.30 TARGETS 59.80, 60.30, 60.80 STOPLOSS
SELL VIVIMEDLAB BELOW 113.50 TARGETS 112.40, 111.30, 110.20 STOPLOSS 115.70
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