Indian share market today started in green and closed in deep red. Bad IIP data took their toll on the markets with both benchmark indices breaching their psychologically important levels of 16,000 and 4800. The market breadth was negative with advances at 263 against declines of 1037 on the NSE. The top Nifty gainers were Wipro, TCS, HCL Tech and Infosys while the biggest losers included Tata Power,Hindalco, SAIL and JP Associates.
IIP DATA UPDATES
IIP stands for September IIP data has been revised to 2.0% versus 1.9%, reports NDTV Profit. Mining sector degrowth is at -7.2% versus 6.1% (YoY), manufacturing sector degrowth at -6% versus 12.3% (YoY), electricity sector growth at 5.6% versus 8.8% (YoY), basic goods degrowth at -0.1% versus 9.8% (YoY), intermediate goods degrowth at -4.7% versus 9.7% (YoY), consumer goods degrowth at -0.8% versus 9.3% (YoY) while capital goods degrowth is at -25.5% versus 21.1% (YoY)
BEST STOCKS TO BUY TOMORROW 13 December
Indian share market trend tomorrow 13 Dec will be volatile. Ahead of the weak global cues and bad IIP data Indian share market is tumbling down the side. Nifty also trading low , So as Sensex, traders and investors are advised to play with strategy and tips for tomorrow's market
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