There are weak indicators from the Global Markets. North Korea’s hydrogen bomb test has spoiled the mood of the markets. Asian markets have slipped. AGX Nifty has seen Negative start today. On the other hand, Dow Future has also softened and it was down 0.25 percent. Global slowdown has worked to put pressure on domestic markets.
Sensex and Nifty movements are sluggish in the initial trading. Nifty is seen around 9960, while the Sensex is showing around 31850. With the slowdown of giant stocks, Small Cap and Mid-dip stocks are showing weakness. However, smallcap stocks are also looking at a little bit. BSE’s Small cap index is showing a modest increase of 0.06 percent to 16140. BSE’s Mid Cap Index is down 0.03 percent Today.
@ Sold Berger Paints below 251 targets 248, 245 Stop loss 254.
@ Federal Bank Buy above 110.5 targets 112, 113.5 Stop Loss 108.
@ Buy Coal India Above 241 targets 244, 247 Stop Loss 238.