Stock Market Today 6 May Indian Stock Market Update Stocks To Buy Today Nifty Tips Stock Market Live Sensex , Nifty decline
Sensex down as much as 571 points in trade on Wednesday to below its assume level of 27000. The index posted its worst fall since April 20, led by losses in HDFC, Infosys, ICICI Bank, Axis Bank and ITC.
The 50-share Nifty index also down to break below its assume support of 200-DMA in trade today, weighed fall by losses in FMCG, IT, banks, capital goods, consumer durable and oil & gas stocks.
About 399 shares have up, 1660 shares down, and 112 shares are remain on the BSE.
Nifty was already down 200-day average and today it also break Tuesday's low which generated strong sell on algo platforms," . which specialises in providing algo-based trading platforms.
Stock to Buy and Sell
1. Tata Steel Ltd is a BUY call with a target of Rs 405 and a stop loss of Rs 375
2. Maruti Suzuki Ltd is a BUY call with a target of Rs 3,900 and a stop loss of Rs 3,745
3. Hindalco Industries Ltd is a BUY call with a target of Rs 150 .50 and a stop loss of Rs 135
4. GATI Ltd is a BUY call with a target of Rs 235 and a stop loss of Rs 220.
