Tuesday 2 December 2014

Today’s Nifty Market News and Its Trends by CapitalHeight



Nifty Support Levels for Today-

NIFTY TREND Consolidate
NIFTY SPOT LEVELS         
SUPP 1: 8515: SUPP 2: 8430
RES 1: 8595: RES 2: 8660
CH BANK NIFTY TREND – BULLISH
BANK NIFTY FUTURE LEVELS
SUPP 1: 18350: SUPP 2: 18180
RES 1: 18730: RES 2: 18980

The market opened marginally lower ahead of RBI's fifth bimonthly monetary policy review. The Sensex fell 40.80 points to 28518.82 and the Nifty declined 12.60 points to 8543.30. Key benchmark indices edged lower in early trade. The barometer index, the S&P BSE Sensex was currently down 40.81 points or 0.14% at 28,518.81. The market breadth indicating the overall health of the market was negative.

S&P BSE Sensex was down 40.81 points or 0.14% at 28,518.81. The index lost 85.53 points at the day's low of 28,474.09 in early trade. The index fell 22.98 points at the day's high of 28,536.64 in early trade. The CNX Nifty was down 12.50 points or 0.15% at 8,543.40. The index hit a low of 8,529.65 in intraday trade. The index hit a high of 8,548.20 in intraday trade. The market breadth indicating the overall health of the market was negative. On BSE, 638 shares declined and 597 shares gained. A total of 53 shares were unchanged. 

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2 comments:

  1. Trend in FII flows: The FIIs were net sellers of Rs -12.36 cr in the cash segment on Monday while the DIIs were net sellers of Rs. -555.17 cr, as per the provisional figures released by the NSE.
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