On Monday Sensex and nifty both opened very higher due to, the
government took its first reform steps after it came to power, followed by
state election results which favoured the ruling Bharatiya Janata Party at the
After opening higher market movement become range bound. Nifty opened at 7896. Made
a high of 7905 and low of 7856, total 49 points was moved by nifty throughout
the day.Index swung between the
gains and losses near the flat line in afternoon trade. The Nifty ended at 7,879.
Buy Tatasteel 420 Put @ 3.20 Tgt 4.90/6.70 Sl 1.20
witnessed in the market today. Nifty rose on Friday and touched the
7800 mark, led by stocks of domestic oriented companies including lenders such
Bankon value buying and hopes a likely win for the BJP in two
recent state elections would help push key reforms. The Sensexrose 109 points, to end at 26,108.The Nifty rose 31 points, to end at
7,779. Nifty opened at 7733 made a high of
7819 and low of 7723, total 96 points was moved by nifty throughout the
Weakness in the
US markets pushed the Nifty index below its crucial psychological support level
of 7800 and Sensex below 26000 on Thursday, led by a sell-off in European
markets. The Nifty index plunged over 100 points in the last half-an-hour
of trade, while the Sensex suffered losses of over 300 points in trade today. The
Nifty ended at 7,748 down 115 points. It touched a high of 7,893 and a low of
7,729 in trade today.
The benchmark Sensex today washed
out initial gains and ended nearly 35 points down at 26,349 on selling in
realty, IT, consumer durable shares amid investors adopting caution ahead of
key state elections. Nifty also moved down by 20 points to end
at 7,864. A late short-covering rally in the market
changed the picture for the Nifty. While we did anticipate a short covering
rally but never thought it to be so powerful.
The Indian markets
made a smart recovery in noon trade after falling more than 200 points in early deals. Recovery was seen on the back of buying witnessed by the IT
heavyweight stocks like Infosys and TCS. The Nifty also recovered by 24 points,
to 7,884. It shuttled between 7,796 and 7,901 during the session.
The nifty future today started at 7835 made
a high of 7929 and low of 7817 and closed at 7911, total 112 points was played
by nifty future throughout the day. For tomorrow we are likely to see bullish
momentum in the market. Bulls will take nifty future above 7935-7950
After yesterday’s recovery
today again market slipped into the red. Weakness in global stocks triggered a
sell-off on the domestic bourses on last trading session of the week. Sensex
was provisionally down 325 points at 26,312. In the foreign exchange market,
the rupee edged lower against the dollar as equities dropped. The nifty index
also slipped below the level 7900. The Nifty closed at 7859, down 100 points .It
touched a high of 7924 and a low of 7848 in trade today. Total 76 points was played by nifty
throughout the day.
witnessed in the market throughout the day.Market have made a strong recovery. Key indices held firm after
opening with an upward gap mirroring positive Asian stocks. The sensex, and the
Nifty, both, hit over one week high. Today nifty crossed the hurdle of 7950. The Niftywas up
112 points at 7,955. The index hit a high of 7,965 in intraday trade, its
highest level since 1 October 2014. The index hit a low of 7,886 in intraday trade.
Total 79 points was played by nifty throughout the day.