Stock Future Tips for Today:-
· SELL ICICIBANK FUTURE BELOW 259.5 TG1 258 TG2 256 TG3 253 STOPLOSS 264
· SELL DR REDDY FUTURE BELOW 4045 TG1 4037 TG2 4027 TG3 4015 STOPLOSS 4077
Market News Updates:-
Asian share markets came under intense selling pressure, with Japan's Nikkei 225 index losing over 4 percent, following a steep retreat on Wall Street as below-view data intensified concerns about the health of China's economy. China's Shanghai Composite declined 2.06 percent at close and Hang Seng fell 3.23 percent.
The Reserve Bank today revised downwards its real GDP forecast for 2015-16 to 7.4 percent from earlier expectation of 7.6 percent, saying that growth is expected to pick up in the latter part of the fiscal.
The Sensex fell 25.93 points to 25590.91 and the Nifty dropped 11.45 points to 7784.25. About 866 shares have advanced against 1306 shares declined on the BSE.
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