Friday, 4 September 2015

Nifty News & Trends Today               Sensex crashes over 450pts, Nifty below 7700
The market has once again opened lower. The Sensex is down 146.17 points or 0.6 percent at 25618.61, and the Nifty is down 48.75 points or 0.6 percent at 7774.25. About 229 shares have advanced, 434 shares declined, and 30 shares are unchanged. Cipla, Infosys, Lupin, Wipro and ONGC are top gainers while M&M, Axis Bank, Vedanta, Dr Reddy's Labs and Tata Steel are major laggards in the Sensex. The Indian rupee gained 9 paise in the early trade. It has opened at 66.15 per dollar against 66.24 a dollar in previous session.
                               Nifty Market Trend
SUPP 1: 7735
SUPP 2: 7670
RES 1: 7865
RES 2: 7930
                 Sensex drops over 500 points, Nifty below 7,700;
The S&P BSE Sensex plunged over 500 points in trade on Friday tracking muted trend seen in other Asian markets. The fall in
the index was led by losses in HDFC, HDFC Bank, ICICI bank, and Axis Bank.
The 50-share Nifty index slipped below its crucial psychological support level of 7,700, and was now trading around its next crucial level of 7,750, weighed down by losses in auto, banks, metal, and realty stocks.
                           Indian Rupee Update
The Indian rupee gained 9 paise in the early trade on Friday. It has opened at 66.15 per dollar against 66.24 a dollar in previous session.The range today is seen between 66.15-66.45/dollar

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