Sensex
rises 115 points, Nifty eyed 8300. The Sensex rose 114 points to 27421 and
the Nifty advanced 26 points to 8288. The market recouped previous day's
losses to trade marginally higher. Nifty climbed 22 points to 8283. Nifty ends at 8260,nifty in the second half likely to be
in the range of 13-15 percent up from the 12-14 percent reported in first half.
European equities opened flat but quickly
turned lower as investors look ahead to a meeting of the European Central Bank
(ECB) on Thursday and digest a slew of mixed earning. The Shanghai market tends
to be volatile anyway, but the recent news on gross domestic product (GDP)
numbers has certainly impacted confidence even though they are above the
official projection of 6.8-6.9 percent, they still are below the magic number
of 7 percent, that is sort of a psychological impact on a lot of people minds. China
posted its worst one-day performance in five weeks after being hit by a sudden
bout of selling in small-caps in the afternoon session. Following support and
resistance for Friday (22 Oct' 15) trading sessions.
Tomorrow on Thursday 22 Oct 2015 market will closed on accounts of Dussehra
RESISTANCE;
8300, 8370, 8450
SUPPORT;
8210, 8150, 8100
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