After a surprising performance on week’s first trading session, the Indian Stock Market seems under pressure and dealing low, while the Small Cap and Mid Cap sectors are rising high today. Along with the Capital Goods & Fmcg, the Banking Sectors are trading poorly, while Auto Sectors are highly paced up. Cancer causing agent Potassium Bromate has been found in the Bread, so the Government has banned the use of Potassium Bromate. Bread manufacturing companies likeJubilant Food and Britania Industries have been moving down after the announcement.
Sell Jubilant Food below: 1056.25 Targets: 1048.66 — 1040.58 — 1032.53 —Stoploss : 1064.39
Sell Britania Industries below: 2575.56 Targets: 2564.17 — 2551.53 — 2538.91Stoploss : 2588.27
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