Index
heavyweight and housing finance major HDFC led losses for key benchmark
indices. Shares of the housing finance major edged lower after the company
reported a muted growth in bottom line in Q1 June 2015. The barometer index,
the S&P BSE Sensex, was provisionally off 102.76 points or 0.37% to
27,458.62. The market breadth indicating the overall health of the market
turned negative from positive in late trade. The market sentiment was edgy
after the latest data showed that foreign portfolio investors (FPIs) pressed
sales of Indian stocks yesterday, 27 July 2015.
STOCKS TO WATCH
TATAMOTORS:
Sell TATAMOTORS as remain below 390 we may
see 350/340 level in coming days, above 390 major resistances will be 405.
CEAT
Buy CEAT above 800 stock may show 840/850
level, remain below 800 more down side is expected.
CAIRN:
Sell CAIRN below 175 we may see 162/155 levels
remain below 175 levels.
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