Monday 16 October 2017

Daily Nifty News Letter

Nifty:  

Nifty Outlook

The Nifty ended at fresh record closing high on Friday as investors cheered macro data, earnings and telcos deals. The rally was driven by banks, telecom and metals stocks, and Reliance Industries. But the broader markets underperformed benchmarks, ending flat.The 50-share NSE Nifty rose 71.10 points or 0.70 percent to 10,167.50, after hitting a fresh record high of 10,191.90 intraday.The 30-share BSE Sensex rallied 250.47 points or 0.78 percent to 32,432.69 despite weak market breadth. The index is still 254 points away from its record high of 32,686.48 hit on August 2.

 

Nifty Trends

   R110191
R210247
S19955
S29882

Technical Outlook:


Top Gainers

BHARTIARTL431.00
INFRATEL450.00
TATASTEEL710.50
BOSCHLTD21,699.90

Top Losers

GAIL436.25
BPCL484.30
ZEEL510.20
SUNPHARMA533.35

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