Indian share market opened lower on Friday weighed by weak global cues ahead of Christmas holiday. The Sensex felled 36 points to 25879 while Nifty declined 16 points to 7943. The BSE Mid-cap trading down 79 points at 11,729, whereas BSE Small-cap dropped 50 points at 11,752.
The Indian Rupee opened higher by 10 paise at 67.89 per dollar versus previous close of 67.98. Currently 884 declined, 512 advanced and 69 remained unchanged today on BSE.
In Commodity market, Gold trading down 21 points at 26,947 and Silver dropped 26 points at 38,944.
In Asian market all index trading with negative zone. Nikkei 225 trading down 16 points at 19427, Shanghai Composite slipped 19 points at 3120 and Hang Seng lost 114 points at 21521.
Intraday Trading Tips
BUY Gufic BioSciences Ltd at above 56 Targets: 56.5, 57.15, 58.00 stop loss 55.25
Sell Reliance Capital Limited at below: 435.76 Targets: 447.20 - 441.15 - 437.60 - 435.34
Stop loss : 441
Nifty Trend For Today
According to our technical analysis, today’s Nifty market seems to follow the Bearish trend, with having the Support around 7947, 7915 and Resistance around 8029, 8078. Selling on high will be beneficial for the traders.
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