Thursday, 15 January 2015

Live Nifty News With Market Trends By CapitalHeight



Nifty Support & Resistance Levels for Today-

NIFTY TREND Consolidate
NIFTY SPOT LEVELS         
SUPP 1: 8240: SUPP 2: 8100
RES 1: 8350: RES 2: 8470
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 18650: SUPP 2: 18250
RES 1: 18950: RES 2: 19250

The market is celebrating RBI’s surprise rate cut in style. The Sensex is up 566.65 points or 2 percent at 27913.47, after gaining almost 600 points in opening. The Nifty is up 147.65 points or 1.7 percent at 8425.20. About 574 shares have advanced, 84 shares declined, and 228 shares are unchanged. All banks are up while SBI gained 5 percent.Key benchmark indices surged in early trade after the Reserve Bank of India (RBI) announced a surprise cut in repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 7.75%. Announcement of a rate cut trickled in before the trading hours today, 15 January 2015. 

The barometer index, the S&P BSE Sensex was currently up 471.62 points or 1.72% at 27,818.44. The market breadth indicating the overall health of the market was strong. The index jumped 600.77 points at the day's high of 27,947.59 in early trade. The index rose 356.88 points at the day's low of 27,703.70 in early trade. The CNX Nifty was up 133.30 points or 1.61% at 8,410.85. The index hit a high of 8,453.60 in intraday trade. The index hit a low of 8,380.55 in intraday trade. 

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