Nifty has opened gap down by 60 points on account of weak global queues with DAX hitting its 14 month low 8890. Seller are highly active at the higher levels... read more http://goo.gl/71hsmj Find the position of your favorite stocks here Visit http://goo.gl/bwAl3E
#Nifty is at 8485 and the resistance stands between 8590 - 8605. Nifty is expected to open at 8525 as per SGX Nifty at 8:15 am IST, which is 6 points above its yesterday's close. #Stock_Market_Today_News by #Shailesh_Saraf
Yesterday, Nifty has witnessed sharp buying in last 30 minutes of trade after making a low of 8485.Nifty is expected to be positive today. Read Stock Market Today by Shailesh Saraf at https://goo.gl/BNWZk7
Nifty continued to trade in a range of 80 points on Friday after making a high of 8605.Today is a commencement of monsoon session of parliament and all eyes will be glued to Rajya Sabha on the tabling of the GST bill. Read Stock Market Today by Shailesh Saraf at https://goo.gl/rsbMvl
Nifty is opening at 7620, near its last month high of 7609. A breakout above this will result in further buying with a target of month 2 high of 8050. This is a gap level and Nifty will have to trade above SGX Nifty high of 7629 with momentum for the Buy trend to continue. Yesterday markets saw a sharp buying from a daily gap level of 7430 which was majorly aided by strong banking stocks on the back drop of rate cut expectation which is to be announced on 5th of Apr in the RBI policy meet.
Yesterday, Nifty Futures saw a correction of 100 points from range high of 7593 since Union Budget. The fall was brought about by heavy selling in Pharma & IT sector. With the inflation data being benign, the hopes of a rate cut have surged & banking stocks have seen buying throughout yesterday. NIFTY is in a sideways range forming a cluster since past 7 trading days & all Global markets are keenly watching the US Fed policy Statement tone, which will lay the course of next interest rate…