The market fell sharply on last day of the week, with the Sensex down more than 150 points as investors preferred profit-booking ahead of the long weekend. They also maintained a cautious stance as the GST implementation date is approaching fast and ahead of Modi-Trump meet on Monday. The 30-share BSE Sensex was down 152.53 points at 31,138.21 and the 50-share NSE Nifty slipped 55.05 points to 9,574.95 but the loss was more in broader markets on negative breadth. The BSE Midcap index lost 1.2 percent and Smallcap index fell 1.5 percent as about three shares declined for every share rising on the exchange. Experts expect mild correction in the next few sessions as the market already saw a significant rally (without sharp correction) on the back of liquidity. According to them, expected GST fears seem to have already priced in.
Top NSE Gainers
Power Grid Corp, Vedanta, Aurobindo Pharm, Sun Pharma, ICICI Bank
Top NSE Losers
Bank of Baroda, Tata Motors, Tata Motors, Bosch, Hero Motocorp
Stock Tips for Tuesday
BUY CIGNITITEC ABOVE 315 TARGETS 318, 321, 324 STOPLOSS 312
BUY POLARIS ABOVE 250 TARGETS 252.50, 255, 257.50 STOPLOSS 247.50