Pharma
and cement stocks led losses as key benchmark indices witnessed a sudden slide
during the last one hour or so of the trading session. Until about 14:30 IST,
benchmark indices moved in a narrow range near the flat line. The barometer
index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit their
lowest level in almost a week as these two key benchmark indices extended
intraday losses in late trade. The broad market depicted weakness. There were
almost two losers against every gainer on BSE. The Sensex was provisionally off
230.44 points or 0.81% to 28,189.68. The BSE Mid-Cap index was off 1.42%. The
BSE Small-Cap index was down 1.59%. The decline in both these indices was
higher than Sensex's decline in percentage terms.
STOCKS TO WATCH
ONGC:
Sell ONGC below 290 stock may show 278/270
levels in coming days.
GAIL
Sell GAIL as remain below 370 stock may show
358/355 level in coming days.
TATAMOTORS:
Sell TATAMOTORS below 400 we may see 380/370
level as remain below 400 levels.
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