Indian stocks are expected to open on a firm note on higher Asian stocks. Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could surge 49 points at the opening bell. Asian markets edged higher on Thursday, 19 December 2013, after the US Federal Reserve expressed enough confidence in the US labor market to taper asset purchases while still promising to hold interest rates close to zero in the world's biggest economy.
Nifty futures on the Singapore Exchange are 0.59 percent higher, while the MSCI-Asia Pacific excluding Japan index is up 0.13 percent.
Today’s Nifty Market Support Level:
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 6180
SUPP 2: 6130
RES 1: 6290
RES 2: 6345
Today’s Bank Nifty Market Support Level:
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 11400
SUPP 2: 11180
RES 1: 11690
RES 2: 11960
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