Market Pearl

Market Review for Today The Sensex closed at 16417, up 199 points from its previous close, and the Nifty shut shop at 4986, up 65 points. The CNX Midcap index was up 1.7% while the BSE Smallcap index gained 0.9% in today's trade. The market breadth was positive with advances at 956 against declines of 477 on the NSE. The top Nifty gainers were SBI, BHEL, Tata Power and PNB while the biggest losers included GAIL, BPCL, Maruti and ONGC.  Stock Tips for Tomorrow - 29 May Buy Reliance Ind. for target of - 755.40 & 770.80 in 15 Days

Buy Nifty  At the rate of  - 5355 for the target of  - 5395 & 5460 with stop loss  - 5290

Market Review Market dropped on one side. Selling pressure took its toll on the markets today and both the benchmark indices closed with significant losses. Barring healthcare, all sectoral indices closed negative with metal, capital goods and power being the worst performers. The Sensex closed at 17222, down 264 points from its previous close, and Nifty shut shop at 5234, down 88 points. The CNX Midcap index was down 1.8% and the BSE Smallcap index was down 0.6%. The market breadth was negative with advances at 448 against declines of 923 on the NSE.  We expect after some correction it will again trade on plus mode on tomorrow. Nfty can buy above the level of 5265 for the target of 5300 with Stop loss of 5205. Live MCX Commodity  In commodity Copper down by huge selling pressure while gold & Silver are in consolidate phase.  Spot gold looks firm after recuperating  from  the sell off seen earlier last week. Disappointed US Nonfarm Payrolls dat...