The BSE Sensex and Nifty edged higher on Friday, gaining for
a fourth consecutive session, after Tata Consultancy Services'
better-than-expected earnings sparked a rally in IT stocks and offset global
concerns about the downing of a Malaysian airliner in Ukraine.
After closing at record highs, the market has opened on a
flat note Friday. The Sensex is down 17.67 points at 26254.18, and the Nifty is
down 2.40 points at 7828.20. About 391 shares have advanced, 143 shares
declined, and 20 shares are unchanged.
About of volatility was witnessed as key benchmark indices slipped into the red once again after regaining positive terrain after opening lower. The barometer index, the S&P BSE Sensex and the 50-ubit CNX Nifty, both, hit record high. The Sensex was down 17.05 points or 0.06%, off about 45 points from the day's high and up about 10 points from the day's low. The market breadth indicating the overall health of the market was positive.
About of volatility was witnessed as key benchmark indices slipped into the red once again after regaining positive terrain after opening lower. The barometer index, the S&P BSE Sensex and the 50-ubit CNX Nifty, both, hit record high. The Sensex was down 17.05 points or 0.06%, off about 45 points from the day's high and up about 10 points from the day's low. The market breadth indicating the overall health of the market was positive.
The index fell 25.15 points at the day's low of 26.246.70 in early trade.
The index rose 28.32 points at the day's high of 26,300.17 in early trade, a
record high for the index.
The CNX Nifty was down 8.80 points or 0.11% to 7,821.80. The index hit a low
of 7,820.35 in intraday trade. The index hit a high of 7,840.95 in intraday
trade, a record high for the index.
The market breadth indicating the overall health of the market was positive.
On BSE, 733 shares rose and 583 shares fell. A total of 47shares were
unchanged.
Nifty Support
Levels for Today-
NIFTY TREND:
CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 7780:SUPP
2: 7715
RES 1: 7885:RES
2: 7950
CH BANK NIFTY
TREND – CONSOLIDATE
BANK NIFTY FUTURE
LEVELS
SUPP 1: 15260:SUPP 2: 14910
RES 1: 15780:RES 2: 15940
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