The Indian benchmark indices ended higher in trades on Friday led by
buying in banking and capital goods stocks. The sentiment was lifted by reports
suggesting a better-than-expected progress of the monsoon. The Sensex advanced
147 points to close at 28092 and the Nifty advanced 40 points to shut shop at 8485.
Nifty is hovering near its psychological level of 8500, thanks to brisk buying
seen in the stocks of banking and pharma sectors. For the most part of the day
the Sensex and Nifty traded on a firm note on the back of gains in banking and
capital goods stocks.
Market may remain sideways ahead of Greek referendum; expect rally to
resume from Monday onwards, Nifty may hit 8500 in a matter of days
More about intraday tips on Google +
RESISTANCE: 8500, 8550, 8600
SUPPORT:
8450, 8400, 8350
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