Amid
divergent trend among various index components, key benchmark indices
registered modest losses. The barometer index, the S&P BSE Sensex, lost
85.50 points or 0.32% at 26,306.88, as per provisional closing data. The
50-unit CNX Nifty lost 30.65 points or 0.38% at 7,971.30, as per provisional
closing data. Benchmark indices witnessed intraday volatility. The Nifty
provisionally settled below the psychological 8,000 mark, having alternately
moved above and below that mark during the day. The Nifty had settled just a
tad above the psychological 8,000 mark after registering modest gains during
the previous trading session on Friday, 28 August 2015. The market breadth
indicating the overall health of the market was negative.
STOCKS TO WATCH
GLENMARK:
Sell GLENMARK below 1150 stock may show 1100-1070.
VEDANTA:
Keep selling but only on rise 60/50 levels
are waiting………
MARUTI:
Sell MARUTI below 4250 for the target of 4100-3920
in coming days, keep sell on rise.
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