Markets were down today the BSE Sensex was down by 57.09 points at 29365.30 and Nifty was down by 17 points  to 9119.40.

Even though markets were down Broader Markets were good while 1455 shares advanced against 1417 declines. Markets expect a rate hike by RBI in August. Investors are cautious due to mixed earnings and French elections on Sunday, were if the party expected to win might choose to come out of the European union.FII’s continue to remain a net buyer in debt segment and a net seller in Equity segment. Gross Equity purchases stood at inr 3838.67 crores and Equity sold at inr 4403.79 crores. Gross debt purchases stood at inr 1745.48 crores and sales stood at 1146.57 crores.

B group shares continue to do well that is why we see, the broader market up. Aditya Birla Fashion and Retail (ABFRL) is a good stock quoting around INR 180/ the popular stores which sells fashion wear in different places and malls. Stores are in different names but managed by ABFRL . Tata Motors is a good stock quoting around inr 140/. Stocks are rising and falling giving a good opportunity for both buyers and sellers. It is better to be stock specific and book profits periodically and re-enter at lower levels so that, you get some cash in hand. Happy Trading & Investing.