Equity Benchmarks, the Sensex is trading down 117 points at 27313 and the Nifty is declined 47 points 8497. About 465 shares have advanced, 2081 shares declined, and 94 shares are unchanged. Metals and pharma stocks are bleeding. The Indian Rupee opened higher by 0.02 paise at 66.8972 per Dollar.
Market is going in the sell direction.All sectors are trading in the negative direction. BSE Small Cap lost 337 points at 12829, BSE Mid-Cap trading down 197 points to 12817 and Bank Nifty declined 110 points at 19047. Commodity market, Gold trading down 55 points to 30,432 and Silver dropped 175 points to 43,173.
In Asian Market, maximum sector trading with negative leads. Nikkei dropped 229 points at 16905, Hang Seng lost 14 points at 22668, KOSPI down 4 points to 1979 and Shanghai Composite declined 3 points to 3125.24.
Recommendation By Expert
Sell Gold at 30,410 for the target of 30,270.00 with stop loss of 30,500.
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