Wednesday, December 7, 2016

07/12/2016

After RBI policy Nifty lost all its gains and ended at 8114.05 (-29.10). Market expected Rate cut from RBI but no changes in rate triggered sharp down in nifty and managed to recover some of its loss. Eicher motors and BPCL top gainer in nifty pack supported by HERO TATAMOTORS & M&M. Banking stocks seen sharp fall Bank of baroda down by 3.14%.  Metal & Energy index managed to close at green. Overall trend is up till market holds 8050 levels and resistance at 8300.

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