The Sensex was down 48.66 points at 30202.32, while the Nifty was down 21.60 points at 9400.80. The market breadth was in favour of declines as 772 shares advanced against a fall of 1,516 shares, while 125 shares were unchanged.
Retail investors have nothing to complain as the Nifty rose over 30 percent in 3 years of Modi government in office while 10 stocks more than doubled investors’ wealth in the same period.
Stocks in the Nifty index, which more than doubled investors’ wealth, include names like Eicher Motors, Indiabulls Housing Finance, Maruti Suzuki, Yes Bank, IOC, BPCL, IndusInd Bank, Bosch, Asian Paints, and Kotak Mahindra Bank.
INTRADAY TRADING TIPS OF THE DAY -
BUY BANK NIFTY 22600 MAY CALL ABOVE 307 TARGET 315-330-355 WITH SL 270
BUY CANARA BANK ABOVE 375 TOTAL 12000 SHARES WITH SL 368
BUY SBI FUTURE ABOVE 302 TARGET 305 WITH SL 298
SELL TATA COMM FUTURE BELOW 673 TARGET 671-669-765 WITH SL 680
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