Thursday 20 April 2017

TODAY NIFTY/BANK NIFTY NEWS REPORT

Nifty Outlook:

The Sensex was up 17.47 points at 29336.57, while the Nifty was down 1.65 points at 9103.50. The market breadth was positive, but narrow, as 1,615 shares advanced against a decline of 1,223 shares, while 181 shares are unchanged. Adani Ports, BHEL, Power Grid and Bharti Infratel were the top gainers on both indices, while State Bank of India (SBI), Hero MotoCorp and Aurobindo Pharma lost the most.

Bank Nifty Outlook:

Share prices of country's largest lenders SBI and ICICI Bank fell 1-2 percent after IndusInd Bank missed estimates on profit front and ahead of Yes Bank earnings later today. State Bank of India, TCS, and Aurobindo Pharma were top losers, while NTPC, Adani Ports, Power Grid and Bharti Infratel gained the most

Nifty 50 Gainers

StockPrice
POWERGRID210.40
INFRATEL347.00
TATAPOWER85.95
ADANIPORTS326.85
GRASIM1,085.65

Nifty 50 Losers

StockPrice
AUROPHARMA639.40
SBIN284.90
HEROMOTOCO3,180.00
TECHM414.55
ICICIBANK280.55

Nifty Resistance & Support

R1 / R29160/9230
S1 / S29060/9000

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