The Nifty index rose as much as 65 points to 9,218, surpassing its previous all-time high of 9,158 hit yesterday, post US Federal Reserve maintained an accommodative stance. The S&P BSE Sensex, on the other hand, gained 239 points in intraday trade to 29,824 level. The Sensex settled the day at 29,649, up 63 points, while the broader Nifty50 ended at 9,160, up 6 points. The BSE FMCG index settled 2.4% after cigarette maker ITC rose over 7% at intra-day after the GST Council capped the cess on tobacco and cigarettes at 290% or Rs 4,170 per 1,000 cigarette sticks. ITC ended 4.6% higher.
Today’s Top NSE Gainers : ITC, HCL Tech, Infosys, Wipro, Eicher Motors
Today’s Top NSE Losers : Idea Cellular, Bharti Airtel, Bank of Baroda, Tata Motors (D), SBI
Nifty Market Trend for Monday
RESISTANCE: 9205 , 9250
SUPPORT: 9135, 9105
APPROACH: BUY ON DIPS
Free Intraday Tips : 20th March Monday
BUY BGRENERGY ABOVE 143.5 TARGETS 144.9 , 146.3 , 147.7 STOPLOSS 140.7
BUY BAJAJCORP ABOVE 378 TARGETS 381.5 , 385 , 388.5 STOPLOSS 371
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