The benchmark indices extended losses in the afternoon trade as investors booked profits in recent outperformers, while soft US economic data, a relatively hawkish Federal Reserve and worries of political turmoil in the world’s largest economy hurt sentiment. The S&P BSE Sensex settled at 31,075, down 80 points, while the broader Nifty50 ended at 9,578, down 40 points. The market breadth, indicating the overall health of the market, was positive. On the BSE, 1,383 shares rose and 1,261 shares fell. A total of 174 shares were unchanged.
Nifty Trend for Tomorrow
RESISTANCE: 9610, 9645
SUPPORT: 9550, 9525
APPROACH: BUY ON DIPS
Free Stock Tips for Tomorrow (Friday: 16th June)
BUY ARCHIDPLY ABOVE 95 TARGETS 96, 97, 98 STOPLOSS 94
BUY JINDWORLD ABOVE 640 TARGETS 647, 654, 661 STOPLOSS 633