In the early business, there is a slight pressure in the domestic markets. Nifty is trade near 9850, whereas the Sensex move is sluggish. The move of mid-caps and small cap stocks is also sluggish.
Metal and IT stocks are among the highest sellers. The Nifty metal index has declined 0.5 percent and the IT index has declined 0.25 percent. However, good buying is seen in FMCG, oil & gas and power shares. Bank Nifty is down 0.15 percent and is trading at 24,071 level.
At the moment, the 30-share BSE-Sensex index is trading close to 31,500 rupees. NSE’s 50-share index, Nifty is trading 2 points higher at 9860 level.
Nifty Option Tips Free
@ Option Call Buy Nifty 9400 call above 532 targets 548, 562 Stop Loss 512.