Stock Market Trade setup for 9th September : Things to know

Today, BSE Sensex corrected 51.88 points to close at 38365.35 and NSE Nifty fell 37.70 points at 11317.35 formed bearish candle on daily charts. Stock market erased gains in the last hour of trade and closed the session on a negative chart.

According to pivot charts, the key support levels for the Nifty is placed at 11259.47, followed by 11201.63. If the index moves up, the key resistance levels to watch out for are 11406.17 and 11495.03.

BSE SENSEX CHART

NSE NIFTY CHART

High Delivery Stocks List :

Stocks in the news :

• The government plans to sell about 15-20 percent stake in IRCTC via offer for sale (OFS).
• IDBI Bank has sold its remaining 0.21 percent stake or 1025683 shares of National Stock Exchange of India (NSE).
• Future Consumer reported a loss of Rs 68.37 crore in Q1FY21 and revenue from operations fell to Rs 380.5 crore.
• ICICI Prudential Life Insurance Company new business premium grew to Rs 892 crore in August 2020.
• Indian Hume Pipe company has received Rs 134.82 crore water supply contract in Odisha.

Indiabulls Ventures, CESC Ventures, Emami Realty, Eveready Industries India, Lovable Lingerie, Shriram EPC, Texmaco Infrastructure among 45 stocks to announce results on 9th September.