India’s leading Indices Sensex and Nifty trading in Red Zone on Monday. Sensex Drops 89 points to 33224 while nifty dips 44 points to 10276 at 12:33 IST.Top gainers on BSE are JPAssociates which jumped 13 percent to 20.70, followed by Jindal steel 5 percent gain to 174.30 and Adani Trans 4.99 percent gain to 214.65 at 12:37 IST.Top Losers on the board are RCOM followed by RTNPOWER and Suzlon.Idea Cellular is the top trending stock on BSE. The IDEA share price dropped to 1.19% over poor Results and is currently trading at 95.69 on BSE

The leading telecom company had posted a loss of around Rs 814.90 crore in June quarter and a profit of Rs 91.50 crore in the corresponding quarter in 2017.Its revenue from operations plunged 19.72 percent to Rs 7,465.5 crore from Rs 9,300.23 crore as compared to the last year

Top picks of the day: Buy PNB for Target of 210 and Maintain Stop loss of 180 hold for a month.BUY Jindal Steel for Target of 200 and Maintain Stop loss of 156, hold it for 1-2 Weeks.BUY Adanitrans for Target of 230 and Maintain Stop loss of 190, hold it for 1 Week. Buy Hathway for a target of 45 and Keep stop-loss of 33. Buy Den Networks for the Target of 100 and SL-86.Buy Suzlon for a target of 19 and Keep stop-loss of 9.

About the author

Ashish Sharma

Ashish is a techie who is a finance and stocks hobbyist. He loves to contribute and create awareness by writing on business and finance

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