Nifty Closed below 6700 | Get stock Tips For Your Investment

Today on the second consecutive day the stock market fell.Due to profits of Heavyweights stocks, the pressure in the market increases. Today Nifty slipped below 6700 while the Sensex is at 22500 survives. Although Smallcap stocks gained inspite of market fall.Today market has pressure due to selling of auto, IT, power and capital goods stocks.Realty stocks had some buying effects and BSE Realty Index closed at above 3.5 percent.

Atlast, Sensex closed at 22,359 with 150 points fall and Nifty closed at 6694.5 level with 42 points fall.

In today's trading NTPC , BHEL , Power Grid , HCL Tech , United Spirits , Bharti Airtel , Tata Motors and Gail stocks fell by 2.2 to 1.5 per cent.While  DLF , Cipla , PNB , Tata Steel , ACC , SBI , Hindalco and Coal India stocks rose by 2.5 to 0.4 per cent .

In midcap shares, HDIL , MMTC , eclerks Services , Essar Oil and Finolex Industries shares are moved up by 16.2 to 6.2 per cent . In the smallcap space, Prakash Industries , Venus Remedies , Kitex Garment , Diamond Power and Shree Global jumped off the highest 20 to 14.5 per cent each.

In the whole week Sensex climbed 0.1 per cent and the Nifty is flat . Although the Bank Nifty has declined 1.4 per cent .

Share Tips for Next Week

• Simplex Infrastructure Ltd is a 'BUY' call with a target of Rs 165 and a stop loss of Rs 130
• Sobha Developers Ltd is a 'BUY' call with a target of Rs 396 and a stop loss of Rs 374
• Mahindra Ugine Steel Company Ltd is a 'BUY' call with a target of Rs 232 and a stop loss of Rs 214
• JSW Steel Ltd is a 'BUY' call with a target of Rs 1100 and a stop loss of Rs 1040

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