Nifty futures on the Singapore Exchange are 0.78 percent lower, while the MSCI-Asia Pacific excluding Japan index is down 0.14 percent.
The market may extend three-day losses on weak Asian stocks. Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could fall 41 points at the opening bell. Two sets of economic data released after market hours on Thursday showed a sharp spike in consumer price inflation in November and a worse-than-expected contraction in industrial production in October.
Today’s Nifty Market Trends:
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 6195
SUPP 2: 6140
RES 1: 6305
RES 2: 6370
Today’s Bank Nifty Trends:
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 11510
SUPP 2: 11385
RES 1: 11870
RES 2: 12185
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