Stock Market updatesThe benchmark BSE Sensex edged lower on Friday, after rising record highs in the last two sessions, since investors turned watchful ahead of inflation data and booked profits in recent out performers. Consumer price inflation is expected to have eased to a 3-month low of 3.49% in April from 3.81% the last month, below the RBI’s medium-term target of 4% on account of lower base effects and a plunge in the cost of pulses, cereals etc.

The BSE Sensex ended at 30,188.15, down 62.83 points, while the NSE Nifty settled at 9,400.90, down 21.50 points. The BSE Midcap and BSE Smallcap indices has fallen half a percent each on poor breadth, the indices tanked 0.7 percent and 0.8 percent respectively.   ICICI Bank, Axis Bank, Asian Paints and Adani Ports lost the most on BSE Sensex, whereas Infosys, Ltd, Cipla, Sun Pharma and Hero MotoCorp were the top gainers.

Asian Paints down 3%, as the top loser, followed by HDFC, ITC, Reliance Industries Ltd, Axis Bank, ICICI Bank and HDFC Bank.

Pharma stocks fell. Aurobindo Pharma decline 0.51%, Cadila Healthcare down 1.13%, Lupin fell 0.29%), while Cipla Ltd rose up 1.03% and Sun Pharma gained 0.56%.

Stock Future Tips for (15/05/2017) 

BUY CGPOWER FUTURE ABOVE 92.4 TARGETS 92.75 , 93.1 STOPLOSS 91.9
BUY TVSMOTOR FUTURE ABOVE 518 TARGETS 520 , 522 STOPLOSS 515
SELL JISLJALEQS FUTURE BELOW 99.6 TARGETS 99.15 , 98.7 STOPLOSS 100.3
BUY NIITTECH FUTURE ABOVE 534 TARGETS 536.65 , 539.3 STOPLOSS 528.8