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Markets ended flat on last day of March Expiry series while the whole series settled with significant losses. It was a volatile session where 5130 acted as support for nifty and closed near to the resistance level of 5180. If this correction phase continues then 5130 will hold nifty from further falling. If some Pull [...]
Markets started the week on a weak note and nifty future tumbled 94 points as selling pressure was witnessed in all counters. Closing below 5200 is again a weak indication for it. Overall, nifty is suffering from bearish attack where 5150 is immediate intraday support and 5080 is seen as crucial support level for it. [...]
The National Stock Exchange’s Nifty was firmly placed in the afternoon with positive opening of European markets. Technology and rate sensitives like banks and realty led the gainers pack while metals and auto were down on profit booking. At 1:45 pm; the Nifty was at 5272.65, up 44.20 points or 0.85 per cent. The broader index [...]
Markets after short covering in yesterday’s session shed all the gains and fell about 2.5%. FII outflow and weak rupee plunged nifty towards its deeper supports. Nifty future had panic selling after breaching 5350 support level. It ended near its intraday low of 5220. Immediate support is seen around 5180 breaching which 5130 is seen [...]
