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The Indian market is likely to open firm buoyed by the finding of the most exit polls which give the clear majority. The nifty Monday closed above the 7000-mark for the first time ever. The sgx nifty an indicator of the market opening was trading at 7111 at 69 points Tuesday morning.

S&P BSE Sensex was up 233.63 points or 0.99% to 23,784.63. The index jumped 370.91 points at the day's high of 23,921.91 in early trade, a lifetime high for the index. The index rose 178.25 points at the day's low of 23,729.25 in early trade.

The CNX Nifty was up 64.15 points or 0.91% to 7,078.40. The index hit a high of 7,116.20 in intraday trade, a lifetime high for the index. The index hit a low of 7,067.15 in intraday trade.

The barometer index, the S&P BSE Sensex, was up 233.63 points or 0.99%, up about 55 points from the day's low and off close to 140 points from the day's high. The market breadth, indicating the overall health of the market, was strong. The BSE Mid-Cap index was up more than 1%. Gains in Asian stocks also underpinned sentiment on domestic bourses.

Nifty Support Levels for Today-

NIFTY TREND: CONSOLIDATE

NIFTY SPOT LEVELS

SUPP 1: 6945:SUPP 2: 6850

RES 1: 7085:RES 2: 7170

                       

CH BANK NIFTY TREND – CONSOLIDATE

BANK NIFTY FUTURE LEVELS

SUPP 1: 13950 :SUPP 2: 13680

RES 1: 14420:RES 2: 14750

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