The market breadth, indicating the overall health of the market, was weak. On BSE, 1,683 shares fell and 1,005 shares rose. A total of 147 shares were unchanged. The total turnover on BSE amounted to Rs 3844.09 crore, higher than turnover of Rs 3549.80 crore registered during the previous trading session. While the peak Goods and Services Tax (GST) rate of 28% stays and so does 5% ad valorem cess on top of it on the cigarettes, the fixed cess has been hiked between Rs 485 and Rs 792 per thousand sticks. The increase in cess is expected to help the government rise around Rs 5000 crore of additional tax revenue, reports suggested. The S&P BSE Sensex fell 358.67 points or 1.12% to 31,716.11, as per the provisional closing data. The Nifty 50 index fell 88.80 points or 0.90% to 9,827.15, as per the provisional closing data. The Sensex provisionally ended below the psychologically important 32,000 mark.
Best Stock Future Tips for Tomorrow – Expert Prediction (19th July)
BUY BIOCON FUTURE ABOVE 420 TARGETS 422 , 424 , 426 STOP LOSS 416
BUY AXISBANK FUTURE ABOVE 521.25 TARGETS 523.25 , 525.25 , 527.25 STOP LOSS 517.25
BUY ALBK FUTURE ABOVE 73.5 TARGETS 74.5 , 75.5 , 76.5 STOP LOSS 71.5