The market is top-heavy in terms of performance and earnings trajectory, dominated as it is by the divergence between risk-off and risk-on sectors & optimistic assumptions for earnings growth.
The Sensex gained 41.16 points at 19020.92, and the Nifty is up 2.15 points at 5595.10 amid choppy trade.
It is also considered that if the market sustains 5,600 level and above, then the Nifty is likely to go 50 points more.
Today’s Nifty & Bank Nifty Levels:
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 5510
SUPP 2: 5315
RES 1: 5725
RES 2: 5880
BANK NIFTY FUTURE LEVELS
SUPP 1: 9225
SUPP 2: 8810
RES 1: 9923
RES 2: 10265
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