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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