Market showed a positive behavior by opening in green today. However it was unable to hold its early gains. Sensex dropped 19 points to 26377 while Nifty slided down 8 points to 8102. Rupee declined 6 paise and opened at 67.19 a Dollar. Almost all the sectors are trading positive. Asian Market is trading negative, except the Taiwan Index trading on 8563 with 27 points up.
Shares in Effect Today
– There can be concessions for mobile device makers. Government has decided to encourage the Make in India.
Buy ITI above: 30.25 Targets: 31.62 – 33.04 – 34.49 – 35.98 Stoploss : 28.89
– There is a conference of State Finance Ministry on the GST bill. If there is some positive news, companies can benefit.
Buy Gati above: 175.56 Targets: 178.8 – 182.15 – 185.54 – 188.96 Stoploss : 172.26
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