The market has fallen further. Sensex is at 17,346, down 143 points from the previous close. Nifty is at 5161, down 30 points. CNX Midcap index is down 0.4% and BSE Smallcap index is down 0.2%. FMCG stocks are popular today, while realty stocks are being dumped
There seems to be a positive undercurrent in the Gujarat NRE Coke, which is holding it, says Mandar Jamsandekar of Precision Technicals, on NDTV Profit. One can continue to hold the stock with a trailing stoploss of Rs 140, he suggests. The stock is currently trading at Rs 157.30, up 0.5% on the BSE
One can look at averaging or buying Reliance Communications at Rs 485-500, says Gaurang Shah of Geojit Financial Services, on Zee Business. It is a good stock, in a good sector, he adds. It is currently trading at Rs 552, down 0.4% on the BSE
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