NIFTY trading lower for second straight day amid weak global cues
NIFTY trading marginally lower hovering around 10,400 mark on Thursday. Shares of the fertilizer makers were trading higher after the government approved a proposal to extend urea subsidy till 2020 and implement direct benefit transfers (DBT) for disbursement of the fertilizer subsidy.
In the global front, Asian market trading broadly lower tracking U.S. market which closed lower on Wednesday. The Global markets are bleeding red after disappointing U.S. retail sales data and intensified trade war fears weighted on sentiment.
Aggressive traders can pick the below stocks to trade in intraday.
SUNPHARMA: This stock is performing well among pharma stocks. This stock can be bought for Intraday above Rs.529 with the stop loss of Rs.525.
ONGC: This stock is underperforming price wise in the same time turnover is good. This stock can be sold for Intraday below Rs.178.50 with the stop loss of Rs.180.