Markets trim early losses; Nifty reclaims 7,800

Markets came off their early lows and were trading with marginal losses. India will start imposing capital gains tax on investments from Mauritius starting next year.At 9:30am, the S&P BSE Sensex was down 164 points or 0.6% at 25,608 and the Nifty50 was down 49 points or 0.6% at 7,839  Stock Market Trading Tips
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"Despite Monday’s vertical rise, yesterday’s commentary did discuss oscillators’ signals calling for either a short turn lower or a deeper correction. The upper extremity of the 7885-7939 discussed yesterday’s almost held to perfection, and a turn lower there of is anticipated today.  While early bias is likely to be negative, volatility is likely to step up later on, as long as inside the 7540-7780 region, which is also seen as a region for accumulation from a medium term – uptrend point of view," Geojit BNP Paribas Financial Services said in a technical note.    Himanshu Tiwari Astrologer Blog

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Foreign institutional investors were net buyers in equities to the tune of Rs 329 crore, as per provisional stock exchange data.  Financial Astrology
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STOCKS 
Tata Motors extended losses and was down 2% on the back of moderating domestic sales.
HDFC Bank was down nearly 1%. Reports suggest that the private lender wants to accelerate its growth in the credit card segment and capture further market share by aiming to offer 0.4 million credit cards every month, almost double of the number they issue currently. HDFC was down 0.9%.
Among others, ICICI Bank and SBI were down nearly 1% each.
Other Sensex losers include ITC and Bharti Airtel among others. Personal Numerology