NSE BSE Stock Tips|Market Prediction For Tomorrow 9 August:
Due to negative global cues Indian Benchmarks NSE BSE today felt selling pressure and closed in negative. It also started training on a negative note today in the morning. Positive opening of European Market helped Indian markets to recover from huge loss but to some extent only.
As a result both indices could not maintain those levels and closed with a loss of more than 1.8%.
IT and Reality were the worst performers of today's trade , they were followed by all other sectors.
The Sensex closed at 16990, down 316 points and the Nifty closed at 5118, down 93 points from its previous close.
Top NSE gainers of today's trade were: Ambuja Cements, ACC, Bajaj Auto and Dr Reddy's Lab
While top losers were:DLF, Cairn, GAIL and Cipla.
I think markets are nearing bottom, its the best time to buy for the rally that is imminent, the fundamentals won't change overnight nor will we see collapse of companies, please visit http://www.kalpeshmaniar.com for accurate forecasting of markets
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