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Tuesday, 9 May 2017

Stock Future Tips For Tomorrow: 10th May

Benchmark indices closed the session on a flat note, with the Nifty managing to hold on to its 9300-mark. The Sensex closed up 7.10 points at 29933.25, while the Nifty gained 2.80 points at 9316.85. The market breadth was narrow as 1,481 shares advanced against a fall of 1,356 shares, while 166 shares were unchanged. The Rupee ended the session at 64.62 against the US dollar. The currency had closed at 64.30 on Monday.

In Broader market, Maximum BSE sectors are closed with positive leads. The BSE Small Cap closed higher by 82 points at 15544, BSE Mid-Cap hiked 28 points at 14821 Meanwhile, the Bank Nifty underperformed during the day’s trade as investors could have looked to book profits from public sector undertaking (PSUs) banks.

In precious metals, gold recovered marginally on fresh buying by local jewellers, rising Rs 20 to hit Rs 28,570 per 10 grams, aided by a firm global trend. Silver, on the other hand, continued its slide on slack demand from industrial units and coin makers.

Top Gainers: Larsen, Adani Ports, Wipro, Axis Bank, Tata Motors.
Top Losers: Hero Motocorp, Lupin, Bharti Airtel, SBI, ICICI Bank.. 
Nifty Future Tips For Tomorrow

BUY FEDERAL BANK FUTURE ABOVE 119.4 TARGETS 119.9, 120.4, 120.9 STOP LOSS 118.4 
SELL CANBK FUTURE BELOW 370.5 TARGETS 369.3, 368.1, 366.9 STOP LOSS 373