The 50-share NSE Nifty crossed its earlier record high of
7808 hit on July 8. The index gained 35.60 points to 7803.45 and the Sensex
rose 144.71 points to 26170.51 led by banks and IT stocks.
Key benchmark indices surged in early trade as firmness in
Asian stocks and provisional data showing that foreign funds were net buyers of
Indian stocks on Tuesday, 22 July 2014, boosted sentiment. The barometer index,
the S&P BSE Sensex, was up 95.16 points or 0.37%, up about 5 points from
the day's low and off about 50 points from the day's high. The market breadth
indicating the overall health of the market was strong.
The index jumped 147.93 points at the day's high of 26,173.73 in early trade. The index rose 89.63 points at the day's low of 25,780.39 in early trade.The CNX Nifty was up 22.15 points or 0.29% to 7,790. The index hit a high of 7,806.05 in intraday trade. The index hit a low of 7,784.80 in intraday trade.
The market breadth indicating the overall health of the market was strong.
On BSE, 938 shares rose and 370 shares fell. A total of 43 shares were
unchanged.
The BSE Mid-Cap index was up 45.91 points or 0.49% at 9,357. The BSE
Small-Cap index was up 52.31 points or 0.51% at 10,321.07. Both these indices
outperformed the Sensex.
Nifty Support
Levels for Today-
NIFTY TREND:
CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 7710:SUPP
2: 7435
RES 1: 7815:RES
2: 7880
CH BANK NIFTY
TREND – CONSOLIDATE
BANK NIFTY FUTURE
LEVELS
SUPP 1: 15260:SUPP 2: 14910
RES 1: 15580:RES 2: 15740
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