The 50-share NSE Nifty slipped below the 7300-mark due to
further profit booking in banks and metals stocks. The index fell 78.25 points
or 1.06 percent to 7280.80 and the Sensex dropped 289.59 points or 1.17 percent
to 24427.29.
The Sensex lost 195.47 points or 0.79 percent to 24521.41 and the Nifty declined 52.95 points or 0.72 percent to 7306.10. Declining shares outnumbered advancing ones by a ratio of 1242 to 740 on the BSE.
Key benchmark indices slipped into the negative terrain after opening higher as weakness in Asian stocks weighed on sentiment adversely. The barometer index, the S&P BSE Sensex, was down 61.30 points or 0.25%, off close to 120 points from the day's high and up close to 100 points from the day's low. The market breadth, indicating the overall health of the market, was negative.
The Sensex lost 195.47 points or 0.79 percent to 24521.41 and the Nifty declined 52.95 points or 0.72 percent to 7306.10. Declining shares outnumbered advancing ones by a ratio of 1242 to 740 on the BSE.
Key benchmark indices slipped into the negative terrain after opening higher as weakness in Asian stocks weighed on sentiment adversely. The barometer index, the S&P BSE Sensex, was down 61.30 points or 0.25%, off close to 120 points from the day's high and up close to 100 points from the day's low. The market breadth, indicating the overall health of the market, was negative.
The index declined 164.89 points at the day's low of 24,551.99 in early trade. The index rose 60.43 points at the day's high of 24,777.31 in early trade.
The CNX Nifty was down 21.15 points or 0.29% to 7,337.90. The index hit a
low of 7,304.85 in intraday trade. The index hit a high of 7,372.95 in intraday
trade.
Nifty
Support Levels for Today-
NIFTY TREND:
CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 7315: SUPP
2: 7230
RES 1: 7415: RES
2: 7480
CH BANK NIFTY
TREND – CONSOLIDATE
BANK NIFTY FUTURE
LEVELS
SUPP 1: 14950: SUPP
2: 14680
RES 1: 15480: RES
2: 15750
Give a chance to CapitalHeight to improve your trade and
give a good profit to you with the help of some excellent and effective tips
like as Nifty Future Tips, Nifty Tips, Nifty Trading Tips, Free Nifty Future
Tips, Nifty future trading tips, Nifty Option Tips, NiftyTips in your mobile .Really you observe that these tips will giving you
a good profit in your trade. To know more info please call 0731- 6615050
Bank nifty is currently in sideways trend, yesterday was trend in BEAR. In options activity mainly limited to lower puts even thought put/call ratio is high at current price strike the activity is tilted to call side and writing of call is increasing.
ReplyDeleteBank nifty tips