Nifty Outlook:
Equity
benchmarks extended losses for third consecutive session on Monday,
with the Nifty closing below 9150 level amid sluggish trade. Investors
remained cautious amid rising geopolitical tensions, weak bank credit
growth and muted start to March quarter earnings season by Infosys. All
eyes are on TCS numbers due tomorrow
Bank Nifty Outlook:
Asian
equities closed mixed following tensions in the Korean Peninsula and
better-than-expected Chinese economic data. Media reports indicated that
North Korea tested a missile which "blew up" soon after launch,
following a military parade over the weekend.Back home, Indiabulls Real
Estate was the biggest gainer on bourses, up 40 percent on hopes of good
value unlocking for commercial business after a restructuring plan.
Nifty Trends
|
| R1 | 9180 |
| R2 | 9260 |
| S1 | 9100 |
| S2 | 9040 |
|
|
Technical Outlook:
Top Gainers
|
| GAIL | 396.30 |
| GRASIM | 1,074.90 |
| RELIANCE | 1,391.45 |
| IBULHSGFIN | 973.25 |
| POWERGRID | 202.20 |
Top Losers
|
| INFRATEL | 343.60 |
| NTPC | 159.70 |
| BOSCHLTD | 22,657.75 |
| SUNPHARMA | 675.50 |
| COALINDIA | 285.40 |
No comments:
Post a Comment