Sensex Nifty Sluggish - Latest Market Updates

Stock market opened lower today and IT stocks dragged as US President Donald Trump on Friday pledged to stop companies from abusing the visa process for foreign workers in a way that undermines the labor market for Americans. Sensex dropped 129 points at 26618 while Nifty has lost 53 points at 8208. BSE Small Cap has lost 20 points at 12299, BSE Midcap has declined 73 points at 12462 and Nifty Midcap is 93 points down at 14837. Metals, PSU and Capital Goods Sector are still strugging in the positive zone with minor leads.

Commodity and Currency Market are closed on account of Eid-E-Milad

About 976 shares have advanced, 1104 shares declined and 104 shares are still unchanged.

Gainers: ONGC, Reliance, NTPC, Sun Pharma, Power Grid Corp

Losers: Asian Paints, Grasim, Ambuja Cements, Idea Cellular, BPCL

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Stock And Commodity Tips By Experts | Latest Stock Market Updates

Sensex and Nifty opened with high leads today but indices erased their early gains and drifted in the negative zone. Sensex dropped 34 points to 28299 and Nifty dropped 14 points to 8754. Smallcap and Midcap sectors are trading in the positive zone. BSE SMallcap is 51 points up to 13260, BSE Midcap is trading 32 points up to 13581 and Nifty Midcap has gained 70 points to 16050.

Overall 1391 shares have been advanced, 938 shares have declined and 108 shares are unchanged.

Commodity market is showing avarage movements today. Gold declined 23 points to 30024, Silver has hiked 74 points to 42955 and Crude Oil is trading up by 11 points at 3276.

GOLD: Buy is advised above 30506.5 with a stoploss at 29704.2 Below 29477.3 go for sell Intraday Resistance of GOLD are 30218.3 : 30445.6 : 30822.9 : 30251.3 : 30287.5 Intraday Support of GOLD are 29763.7 : 29536.4 : 29159.1 : 29731.8 : 29695.9

SILVERMIC: Sell below 41412.9 Buy is not advised till it cross 44388.7 Intraday Resistance of SILVERMIC are 43599.1 : 44300.1 : 45463.9 : 43209.2 : 43252.5 Intraday Support of SILVERMIC are 42196.9 : 41495.9 : 40332.1 : 42587.9 : 42545