The domestic Indian markets closed in a red on Monday, January 14, 2019. The BSE Sensex fell 156.28 points, 0.42 per cent, to close at 35,853.56 while Nifty 50 went down 57.35 points, 0.53 per cent, and ended at 10,737.60. Nifty Bank settled at 27,248.25 after going down 205.65 points, 0.75 per cent. 

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Yes Bank (5.83 per cent) and Infosys limited (2.60 per cent) were the top gainers of the day and Wipro (4.93 per cent) and GAIL (3,96 per cent) were the top losers of the day. 

Amid positive domestic institutional investors (DIIs), neutral global market and future and option (F&O), negative foreign institutional investors (FII) and cautious sentiments cues, the short-term trend of the Indian market will perform neutrally on Tuesday, January 15, 2019.

Zee Business's Managing Editor Anil Singhvi's Market Strategy for January 15: 
Nifty to trade in a 10,725-10,875 closing range. 
The small and medium trading range on Nifty lies between 10,700-10,800 and 10,675-10,825 respectively, while the extreme range stands at 10,650-10,850. 
In the case of Bank Nifty, the small and medium trading ranges lie between 27,150-27,400 and 27,050-27,500 while extreme range stands at 27,000-27,600. 
Traders are advised to close their position on the two indices, Nifty and Bank Nifty if they close after going below the mark of 10,725 and 27,150.  

Buy and Sell Strategy on Nifty
Buy Nifty with a stop loss of 10,675 and target of 10,800, 10,825, 10,850. 
Sell Nifty in the range of 10,825-10,875 with a stop loss of 10,900 and target of 10,800, 10,750. 

Buy and Sell Strategy on Bank Nifty
Buy Bank Nifty with a stop loss of 27,150 and target of 27,400, 27,500. 
Sell Bank Nifty near 27, 500 with a stop loss of 27,600 and target of 27,400-27,250. 

The put-call ratio (PCR) stands at 1.25 and the volatility index (VIX) is 16.16.
2 Already in F&O Ban: Adani Power, Jet Airways

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Sectors:
Positive: FMCG, IT

Stock of the Day:
Buy Wipro Futures: Stop loss 311 and target 318, 322. Meeting on Buyback on January 17-18, 2019.