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The market is still holding its gains with the Nifty above 7900. The Sensex Sensex is up 158.50 points  at 25811.73, and the Nifty is up 47.95 points  at 7908.70. About 1230 shares have advanced, 784 shares declined, and 118 shares are unchanged.Oil prices in global markets have been lifted in the past week by news of falling US production and output disruptions in Canada and Nigeria.




Top Gainers- ONGC, Axis Bank, GAIL, HDFC and L&T 
Losers- NTPC, HUL, Bharti, Adani Ports and SBI

Expert's Call for 17th May 2016-

SELL TATAPOWER at a Target  69.30 and   Stop Loss  70.70

SELL BATAINDIA with Entry  594, Target 580 and Stop Loss  604.

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The market seems to recover the 3 day loss and as the Sensex is up 114.73 points at 25216.46, and the Nifty is up 19.35 points  at 7725.90. About 1094 shares have advanced, 906 shares declined, and 104 shares are unchanged.The Indian rupee opened slightly lower by 4 paise at 66.59 per dollar on Thursday versus 66.55 Wednesday.

Expert's Call-

• Sell Justdial with  Entry 781 ,Target at 773 and Stop Loss 789 .
• SELL ADNINIPORTS  with Entry 201 ,TGT at 195 and SL 205.
• Buy VGUARD  with Entry at 1175, Target at 1197 and Stop Loss at 1163.

Top Gainers: 

HDFC, Tata Motors, Sun Pharma, Lupin and ITC

Losers : 

Adani Ports, Bharti Airtel, Infosys, M&M and TCS .

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Selling pressure continues on Dalal Street because Sensex  is down 93.83 points or 0.4% at 25135.87. The Nifty also declines 27.70 points or 0.4%  at 7719.30. About 616 shares have advanced, 1062 shares declined, and 84 shares are unchanged.

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Today's Call-

• SELL Bank Of Baroda  Entry 152.30  at Target  150 and Stop Loss 153.90.
• Buy Justdial  Entry 780  at  Target 792 and  Stop Loss 772.20.
• SELL JUBLFOOD  Entry 1120   at Target  1090 and   Stop Loss  1130.

Top Gainers :

HDFC twins, NTPC and Hero MotoCorp.

Losers: 

Adani Ports, Hindalco, Tata Motors, Tata Steel and ICICI Bank