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Wednesday, 15 February 2017

Stock Future Tips For Tomorrow (16th February)

Benchmark indices closed lower on Wednesday despite positive global cues, weighed by auto, pharma, infra and metals stocks. The Sensex closed down 183.75 points at 28155.56 and the Nifty declined 67.60 points to 8724.70. About three shares declined for every share rising on the BSE. 

All BSE sectors are closed with negative leads. BSE Small-Cap dropped 204 points to 13234 and BSE Mid-Cap lost 154 points to 13187. In Commodity Market, Gold gained 33 points at 29,034 while Silver jumped up 4 points at 42,484. 

Asian market Update: Japan's index Nikkei 225 hiked 199 points at 19437, Hong Kong's index Hang Seng closed up 291 points at 23994 while China's index Shanghai Composite slipped 5 points at 3212. 

Tata Motors plunged 10 percent and Sun Pharma was down 4 percent after earnings missed analysts' estimates. ICICI Bank, L&T, Adani Ports and Maruti Suzuki fell 1-2 percent while ITC, HDFC Bank, TCS, Reliance Industries and HDFC gained.

Nifty Future Tips For Tomorrow
Sell TATAMTRDVR Future Below 267.6 Targets: 265.7, 263.8, 261.9 Stop loss 271.4

Buy HINDPETRO Future above 531.5 Targets: 533.5, 535.5, 537.5 Stop loss 527.5