Nifty Outlook:
Driven
by a rally in banking stocks, the market closed the day in the green
zone, with the Nifty reclaiming 9100. The rally was also seen on the
back of domestic developments on the GST front. This, coupled with
strong Asian market movements, pushed the indices higher here.
Bank Nifty Outlook:
We
expect volatility to increase in the next two sessions due to scheduled
derivatives expiry. Even liquid stocks are witnessing erratic intraday
swings, which is normal during consolidation phase. Traders should
continue with positive yet cautious approach and refrain from going
overboard
Nifty 50 Gainers
|
Stock | Price |
EICHERMOT | 25097.30 |
AXISBANK | 504.25 |
TATAMTRDVR | 287.15 |
ZEEL | 530.40 |
TATAPOWER | 89.20 |
Nifty 50 Losers
|
Stock | Price |
TECHM | 455.90 |
KOTAKBANK | 860.00 |
ONGC | 186.90 |
COALINDIA | 290.30 |
HEROMOTOCO | 3329.95 |
Nifty Resistance & Support |
R1 / R2 | 9150/9200 |
S1 / S2 | 9040/9000 |
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