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| Indian Stock Market Today |
Indian Stock Market today opened at gap down due to China's December exports growth fell unexpectedly. The negative opening in Asian Markets and poor IIP data that released after market hours on last Friday dragged down the Indian Stock Market for the third straight session. Today the Nifty ends below 10750 and Sensex drop 156 points whereas Bank Nifty also down 205 points. All major indices including Mid caps and Small caps were down today.
Today's Most Active Stocks
Infosys and Yes Bank both were active today based on news. Infosys share price opened at 3 percent gap up due to the positive growth ahead and strong payout which includes dividend and buyback of shares. Yes Bank share rallied more that 6 percent due to the appointment of Brahm Dutt as the non-executive chairman.
WPI data was released during the market hours today around 12 pm, December WPI inflation stood at 3.8 percent versus 4.64 percent on the previous month. The December CPI data which came after the market is at 2.19 percent versus 2.33 percent on the previous month.
Top 5 Gainers and Losers of the Day
| Top 5 Gainers of the Day | |||||
| Company Name | LTP (Rs ) | Prev Close (Rs ) | Change (Rs ) | Change (%) | 52 week H/L( Rs) |
| Yes Bank | 195.35 | 184.25 | 11.1 | 6.02 | 404.00-146.75 |
| Infosys | 701.9 | 683.5 | 18.4 | 2.69 | 754.90-527.63 |
| Sun Pharma.Inds. | 450.85 | 444.4 | 6.45 | 1.45 | 679.30-390.60 |
| Bajaj Fin. | 2,544.80 | 2,514.20 | 30.6 | 1.22 | 2,994.00-1,511.20 |
| Maruti Suzuki | 7,408.70 | 7,320.50 | 88.2 | 1.2 | 9,929.00-6,500.00 |
| Top 5 Losers of the Day | |||||
| Company Name | LTP (Rs ) | Prev Close (Rs ) | Change (Rs ) | Change (%) | 52 week H/L( Rs) |
| Wipro | 312.55 | 328.7 | -16.15 | -4.91 | 343.95-253.50 |
| GAIL (India) | 324.9 | 338.6 | -13.7 | -4.05 | 399.40-295.25 |
| Indiabulls Hous. | 790.95 | 816.15 | -25.2 | -3.09 | 1,440.00-639.05 |
| Tech Mahindra | 679.85 | 699.2 | -19.35 | -2.77 | 780.80-542.35 |
| Larsen & Toubro | 1,333.90 | 1,369.60 | -35.7 | -2.61 | 1,470.00-1,182.50 |
Technical levels for tomorrow: Nifty and Bank Nifty
Nifty Technical Levels for 15-01-2019
Primary Trend: Sideways ( Bias Up)
Range Bound Trend: All up moves initiates Profit Booking (Sale) @ 10845 whereas all down moves initiate Short Covering (Buy) @ 10725
If Nifty moves above 10795 then you should Buy with 1st Target of 10845 during the day with a Stop Loss of 10755 For the Target of 10845-10887-10915
If Nifty moves below 10720 then you should Sell with 1st Target of 10682 during the day with a Stop Loss of 10749 FOR the Target of 10682-10650-10585
Bank Nifty Technical Levels for 15-01-2019
Primary Trend: Sideways ( Bias Up)
Range Bound Trend: All up moves initiates Profit Booking (Sale) @ 27490 whereas all down moves initiate Short Covering (Buy) @ 27220
If Bank Nifty moves above 27392 then you should Buy with 1st Target of 27440 during the day with a Stop Loss of 27320 For the Target of 27440-27490-27542
If Bank Nifty moves below 27320 then you should Sell with 1st Target of 27280 during the day with a Stop Loss of 27360 FOR the Target of 27280-27220-27140Conclusion:
Also, read the article Do you trade in the stock market on Stock News? Avoid five common mistakes to earn money.
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Happy Investing!
Finogyan Team
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