Thursday 22 January 2015

Latest Nifty Opening Market News And Market Trends



Nifty Support & Resistance Levels for Today-

NIFTY TREND Consolidate
NIFTY SPOT LEVELS         
SUPP 1: 8660: SUPP 2: 8610
RES 1: 8785: RES 2: 8850
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 19635: SUPP 2: 19360
RES 1: 20080: RES 2: 20220

The market opened higher on Thursday morning. The Sensex rose 108.24 points to 28997.10 and the Nifty climbed 19.50 points to 8749.00. About 721 shares have advanced, 263 shares declined, and 198 shares are unchanged. Suzlon Energy gained 7.5 percent and Sesa Sterlite was up 3.5 percent. Key benchmark indices jumped in early trade on positive Asian cues. The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both hit record high in opening trade. 

The Sensex retraced after hitting the 29,000 mark. The Sensex was currently up 95.52 points or 0.33% at 28,984.38. The market breadth indicating the overall health of the market was strong. The CNX Nifty was up 15.35 points or 0.18% at 8,744.85. The index hit a high of 8,754.65 in intraday trade, also a life time high. The index hit a low of 8,742.05 in intraday trade.

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