Nifty:
Nifty Outlook
Sentiment was in tatters after heavy losses in Asia, set off by China sovereign rating downgrade on fears over its ballooning debt and a lower opening in Europe. Shares have lost their momentum after hitting record highs recently as valuations turned expensive, with most sectoral indices ending in the red. As soon as Nifty broke a strong resistance of 10130 it went all the way down to 9952. Currently Nifty is in selling pressure because of US President Donald Trump is "mentally deranged" and will "pay dearly" for his threat to destroy North Korea, the communist country said today as its foreign minister hinted that the regime may explode a hydrogen bomb over the Pacific Ocean.
Nifty Trends
|
| R1 | 10045 |
| R2 | 10129 |
| S1 | 9915 |
| S2 | 9850 |
Technical Outlook:
Top Gainers
|
| HCLTECH | 882.90 |
| WIPRO | 293.95 |
| INFRATEL | 390.20 |
| TATAMOTORS | 415.00 |
Top Losers
|
| HINDALCO | 232.70 |
| TATASTEEL | 654.40 |
| YESBANK | 361.45 |
| ULTRACEMCO | 3,999.90 |
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