Today's Stock,Equity Market Trading Tips-Sensex ranged, Midcap underperforms; rupee wipes out gains, Dr Reddy's top gainer

 The market continued to consolidate after a sharp rise in opening, with the Nifty struggling below 10,700 levels.

HDFC Bank, TCS and FMCG stocks are under pressure while Reliance Industries, Infosys and Tata Motors continue to support the market, rising 1 percent each.

Dr Reddy's Labs is the top gainer among Nifty50 stocks, rising 3 percent after getting zero observations for Srikakulam plant from USFDA.

The Sensex fell 11.41 points at 35,215.85 and the Nifty declined 8.40 points to 10,687.80 while the Nifty Midcap index  continues to underperform frontliners on weak market breadth.

About two shares declined for every share rising on the BSE.

The market erased all its opening gains to trade lower despite strong global cues, pulled down by HDFC Bank that fell 2 percent on profit booking.

The Sensex is down around 100 points and the Nifty slips below 10,700 while the Nifty Bank index falls 200 points.

HDFC, TCS and FMCG stocks are under pressure while Reliance Industries, Infosys, ICICI Bank supported the market.

Dr Reddy's Labs is the top gainer among Nifty50 stocks, rising nearly 3% after getting zero observations for Srikakulam plant from USFDA.

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Today's Stock Market Trading Tips-Sensex gains 100 pts; rupee recovers sharply on govt borrowing

Benchmark indices opened mildly higher on Wednesday, with the Nifty reclaiming 10,700 level, driven by technology stocks.

The 30-share BSE Sensex was up 83.21 points at 34,854.26 and the 50-share NSE Nifty gained 19.80 points at 10,720.30.

GAIL, Sun Pharma, TCS, ICICI Bank, Adani Ports, Infosys, HUL and BPCL were early gainers while IndusInd Bank, Ambuja Cements, Bharti Infratel and Bharti Airtel were early losers.

Uttam Galva, HCC and Agro Tech Foods fell more than 2 percent.

Gati, Symphony, Delta Corp, Dish TV and HDIL gained 1-2 percent.

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Daily Nifty News Letter

Outlook Of Nifty/bank nifty today Nifty:   Nifty Outlook Nifty traded on positive note today. Index added numbers and touched record high for the day. Nifty-50 futures traded around 10500 level, Midcap and small-cap counters gained and moved positive for the day. Following the global cues, index was positive Cipla, Bhartiartl added gains and were seen positive for the stocks. In further trading session 10610 can be market resistance for index. Bank Nifty:   Bank Nifty Outlook Bank Nifty Index saw a positive note for today and traded around the highs , bulls dominated for the day. Private players performed well for the day, traded positive and gained for the day. PSU also traded positive and gained few numbers for the day. Next, 25800 can be seen as major resistance for the index. Nifty Trends    R1 10610 R2 10720 S1 10450 S2 10310 Technical Outlook Top Gainers BHARTIARTL 544.70 AMBUJACEM 273.50 CIPLA 612.85 BOSCHLTD 20,299.00 Top Losers COALINDIA 263.30 SBIN 317.00 IOC 407.00 NTPC 178.40 To Get Free Trial on stock market tips,nifty trading tips give Missed call @8817002233,WHATSAPP NO. 8602780449 Mail Us = starindiamarket@gmail.com visit = https://www.starindiaresearch.com/nifty-bank-nifty-tips.php