The benchmark indices on Friday settled marginally lower after market heavyweight Tata Consultancy Services slumped on worries about its future following key management changes. The S&P BSE Sensex ended at 27,238, down 9 points, while the broader Nifty50 closed at 8,400, down 7 points. In the broader market, the BSE Midcap (down 0.03%) and BSE Smallcap indices (up 0.03%) closed flat. The market breadth, indicating the overall health of the market, was negative. On the BSE, 1,493 shares declined and 1,236 shares rose. A total of 177 shares were unchanged.

Today’s Top NSE Gainers : Axis Bank, GAIL, HDFC, ITC, Tech Mahindra
Today’s Top NSE Losers : Idea Cellular, TCS, Hindalco, Infosys, NTPC

Nifty Technical Analysis for Monday

TREND: CONSOLIDATE TO BULLISH
RESISTANCE: 8450 , 8499
SUPPORT: 8362 ,8324
APPROACH: BUY ON DIPS

Free Stock Tips Monday :: 16th January

BUY TRENT ABOVE 217 TARGETS 219 , 221 , 223 STOPLOSS 213
BUY TRIDENT ABOVE 66.45 TARGETS 67.05 , 67.65 , 68.25 STOPLOSS 65.25
BUY SREINFRA ABOVE 89.4 TARGETS 90.2 , 91 , 91.8 STOPLOSS 87.8