Today Intraday Nifty traded in a small range of 26-30 points most of the time in todays Intraday Share trading Tips session. Nifty remains very dull today no major movements in Intraday Share Tips too. Only most of the news based stocks shown some green signals . Out of Nifty 50 stocks only 16 stocks closes in green and rest of 34 stocks closes in red.Out of those 16 stocks Hcltech and Infosys almost closes on there 52 weeks high that is 458.50 and 3372 respectively and closes at 458 and 3370 respectively. Sunpharma gives a strong closing of 6.18% upside. Out of declining Intraday stocks Bajaj Auto closes near to its 52 weeks low that is 1427.40 and closes @ 1444.
The same kind of pressure seen in NiftyMidcap50 ..today again it failed to sustains above 2880 levels although it made ahigh of 2876 but not able to sustain that level and dips by 30-35 points from that level. The same story is of NiftyMidcap50 also like Nifty 50.Out of 50 stocks only 17 stocks closes in positive and 32 stocks closes in negative while INDIANb remains unchanged.
But out of those 17 stocks 2 stocks gives a strong closing that is Sintex up by 5.6% and Bajaj Hindustan up by 4.89%.
Today Sintex was also in news because of buying by FII's in this counter.Ashok Leyland and JSW steel are the main looser and closes down by 3.11% and 3.89% respectively.
Inspite of 11 declines and 9 advances out of 20 counters in IT pack it is able to closes in green zone.The main counters to pull this pack were FSL 4.5% up,HCL-Insys 3.68% up and Polaris up by 2.96%.HCLtech and Infosys also closes in green.But CNX IT may continue its rally and we may some more positive movements in this specially in Infosys and TCS.
Orient Bank is the only counter which shows some strength on closing up by 1.74% in Bank Nifty although this index closes positively but there is always weakness unless and untill it trades above 11650 levels and shoild sustain on that level for at least 1 Intraday share trading session on closing basis as we discussed abt it earlier also.Out of 12 banking stocks only 4 closes in green and 8 in red zone. While Kotak bank can test its low at 435 made on 13 sept. and 26 nov. after splitting this year........today closed @447.35.
CNX Reality is down by 0.90% .Inspite of closing one counter DBreality closes up by 5.02%.Peninland and Unitech remain unchanged and 7 declines out of 10 reality counters.
End of the day we can say today Stock market was very dull and very much range bound too.
The same kind of pressure seen in NiftyMidcap50 ..today again it failed to sustains above 2880 levels although it made ahigh of 2876 but not able to sustain that level and dips by 30-35 points from that level. The same story is of NiftyMidcap50 also like Nifty 50.Out of 50 stocks only 17 stocks closes in positive and 32 stocks closes in negative while INDIANb remains unchanged.
But out of those 17 stocks 2 stocks gives a strong closing that is Sintex up by 5.6% and Bajaj Hindustan up by 4.89%.
Today Sintex was also in news because of buying by FII's in this counter.Ashok Leyland and JSW steel are the main looser and closes down by 3.11% and 3.89% respectively.
Inspite of 11 declines and 9 advances out of 20 counters in IT pack it is able to closes in green zone.The main counters to pull this pack were FSL 4.5% up,HCL-Insys 3.68% up and Polaris up by 2.96%.HCLtech and Infosys also closes in green.But CNX IT may continue its rally and we may some more positive movements in this specially in Infosys and TCS.
Orient Bank is the only counter which shows some strength on closing up by 1.74% in Bank Nifty although this index closes positively but there is always weakness unless and untill it trades above 11650 levels and shoild sustain on that level for at least 1 Intraday share trading session on closing basis as we discussed abt it earlier also.Out of 12 banking stocks only 4 closes in green and 8 in red zone. While Kotak bank can test its low at 435 made on 13 sept. and 26 nov. after splitting this year........today closed @447.35.
CNX Reality is down by 0.90% .Inspite of closing one counter DBreality closes up by 5.02%.Peninland and Unitech remain unchanged and 7 declines out of 10 reality counters.
End of the day we can say today Stock market was very dull and very much range bound too.
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