Benchmarks indices settled the day lower with the Nifty breaking 9,050 level dragged by fall in IT and pharma stocks on strong rupee. A weak monsoon forecast also affected the sentiment. Skymet Weather predicted that monsoon 2017 would be below normal with error margin of plus and minus 5%. The S&P BSE Sensex settled the day at 29,237, down 184 points, while the broader Nifty50 ended at 9,045, down 62 points. The market breadth was in the negative as 1158 shares advanced against a decline of 1630 shares. About 231 shares were unchanged. The rally in the rupee sent IT shares lower, with Wipro down 1.8% and HCL Technologies down over 2%.

Tomorrow’s Nifty Trend

TREND: CONSOLIDATE TO BEARISH
RESISTANCE: 9085 , 9125
SUPPORT: 9015, 8985
APPROACH: SELL ON HIGH

Free Stock Tips : Tomorrow 28th March Tuesday

BUY BOMDYEING ABOVE 88.2 TARGETS 89 , 89.8 , 90.6 STOPLOSS 86.6
BUY BPL ABOVE 74.4 TARGETS 75.1 , 75.8 , 76.5 STOPLOSS 73
BUY NITINSPIN ABOVE 119.7 TARGETS 120.7 , 121.7 , 122.7 STOPLOSS 117.7