Thursday 28 September 2017

Daily Nifty/Bank Nifty News Letter

Nifty:  

Nifty Outlook

Nifty moved on negative note for today. Index plunged and breached the level of 9900 and witnessed a movement of 150-200 points. Following global cues and the internal affairs, kept the sentiments negative although a slight correction was observed in last trading hours. Midcap and small-cap counters moved volatile for the day. For next trading session 9615 can be market support for index.

Bank Nifty:  

 

Bank Nifty Outlook

Bank Nifty Index saw a negative movement, Index slipped almost 500 points for the day. Index traded and moved around the lower levels. PSU players as well as private players lost the numbers for the day. Global and domestic cues affected the market and kept the sentiment negative. Next 23500 can be seen as major support for the index.

Nifty Trends

   R19900
R29950
S19705
S29600

Technical Outlook:

Top Gainers

INFRATEL383.55
TCS2,495.10
TECHM450.00
AMBUJACEM261.75

Top Losers

ADANIPORTS372.00
SBIN250.25
BANKBARODA138.30
SUNPHARMA492.55

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