Friday, 17 October 2014

Latest Nifty Market News & Trends By Money CapitalHeight



Nifty Market Trends for Today-

NIFTY SPOT LEVELS         
SUPP 1: 7680: SUPP 2: 7590
RES 1: 7835: RES 2: 7910
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 15480: SUPP 2: 15250
RES 1: 15950: RES 2: 16180
The Indian market is likely to open in green despite a sharp sell-off on Thursday led by fall in European markets that dragged the Indian equity benchmarks near two-month closing low in late trade. The SGX Nifty was trading in green, up 52 points to 7808 at 8:10 hrs. The 30-share BSE Sensex closed below the 26000-mark to 25999.34 weighed down by broadbased selling and the 50-share NSE Nifty closed at 7748.20, down 115.80 points. 

Key benchmark indices witnessed high volatility at the onset of trading with S&P BSE Sensex and CNX Nifty exhibiting divergent trends. The barometer index, the S&P BSE Sensex was up 18.96 points or 0.07% at 26,018.30. The market breadth indicating the overall health of the market was negative.The CNX Nifty was down 3.45 points or 0.04% at 7,744.75. The index hit a high of 7,769.45 in intraday trade. The index hit a low of 7,729.65 in intraday trade. 

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