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Month: June 2020

Market wrap up for the day

Market wrap up for the day

The BSE Sensex made a low 45.72 points or -0.13% and hit 34,915 level while the NSE Nifty made negative 10.30 points or -0.10% and hit 10,302 level. Bank Nifty index has made high 11.15 points or 0.05% and hit 21,370 level. SHREECEM, MARUTI, ICICI BANK, NESTLEIND, and BRITANNIA were among major gainers on the Nifty, while losers were BPCL, POWERGRID, SUN PHARMA, GAIL, and IOC. NIFTY CHART PRICE GAINERS & LOSERS OI GAINERS & LOSERS Our Top Advises For…

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Market action for the day

Market action for the day

Headline indices — Sensex and Nifty — ended lower on June 29 amid mixed global cues as surging coronavirus cases around the world threatened to derail economic recovery hopes. The Sensex ended 210 points, or 0.6 percent, down to 34,961.52 and the Nifty finished 71 points, or 0.68 percent, lower at 10,312.40. Key support and resistance level for the Nifty – According to pivot charts, the key support level for the Nifty is placed at 10,244.67, followed by 10,176.93. If the…

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Market wrap up for the day

Market wrap up for the day

The BSE Sensex made a low 209.75 points or -0.60% and hit 34,961 level while the NSE Nifty made negative 70.60 points or -0.68% and hit 10,312 level. Bank Nifty index has made low 233.05 points or -1.08% and hit 21,359 level. BRITANNIA, HDFC BANK, CIPLA, KOTAK BANK, and ITC were among major gainers on the Nifty, while losers were COAL INDIA, AXIS BANK, TECM, HINDALCO, and SBIN. NIFTY CHART PRICE GAINERS & LOSERS OI GAINERS & LOSERS Our Top…

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Market action for the day

Market action for the day

Market benchmarks Sensex and Nifty closed with gains for the week, ending June 26. The S&P BSE Sensex rose 1.2 percent while the Nifty50 gained 1.3 percent for the week ended June 26 compared with 3.5 percent rally seen in the S&P BSE Midcap index, and the S&P BSE Smallcap index closed with gains of 2.8 percent in the same period. Rising COVID-19 cases in the US and India, the military stand-off between India and China at the border, and…

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Weekly Markets Action

Weekly Markets Action

Indian markets which started off on a strong note witnessed some profit-taking towards the close of the week but still benchmark indices managed to close with gains of over 1 percent for the week ended June 26. The S&P BSE Sensex rose 1.2 percent while the Nifty50 gained 1.3 percent for the week ended June 26 compared with 3.5 percent rally seen in the S&P BSE Mid-cap index, and the S&P BSE Small-cap index closed with gains of 2.8 percent…

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Market wrap up for the day

Market wrap up for the day

The BSE Sensex made high 329.17 points or 0.94% and hit 35,171 level while the NSE Nifty made positive 94.10 points or 0.91% and hit 10,383 level. Bank Nifty index has made high 85.90 points or 0.40% and hit 21,592 level. Nifty IT remained the best-performing index of the day, up nearly 4 percent followed by Nifty PSU Bank (+0.94 percent) and Nifty Metal (+0.62 percent). Meanwhile, Nifty FMCG was the worst-performing index of the day followed by realty (-0.94…

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Market action for the day

Market action for the day

Indian equity benchmarks – Sensex and Nifty – settled in the negative on the last day of the June futures and options (F&O) series, extending losses into the second consecutive day, on June 25, tracking negative global cues. Key support and resistance level for the Nifty According to pivot charts, the key support level for the Nifty is placed at 10,201.67, followed by 10,114.43. If the index moves up, the key resistance levels to watch out for are 10,368.97 and…

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Market wrap up for the day

Market wrap up for the day

The BSE Sensex made negative 26.88 points or -0.08% and hit 34,842 level while the NSE Nifty made negative 16.40 points or -0.16% and hit 10,288 level. Bank Nifty index has made positive 79.35 points or 0.37% and hit 21,506 level. ITC, HEROMOTOCO, BAJFINANCE, KOTAK BANK, and GAIL were among major gainers on the Nifty, while losers were ASIAN PAINTS, HINDALCO, IOC, EICHERMOT, and HCL TECH. NIFTY CHART PRICE GAINERS & LOSERS OI GAINERS & LOSERS Our Top Advises For…

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Market action for the day

Market action for the day

SGX Nifty – Trends on SGX Nifty indicate a gap down opening for the index in India with a 128 points gain. The Indian stock market is expected to open in the red following weak Asian cues as virus cases continue to surge. SGX Nifty indicates a gap down opening with a 128 points loss. The market snapped its four-day winning streak on June 24 ahead of June futures and options contracts expiry, with the benchmark indices falling 1.58 percent,…

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Market wrap up for the day

Market wrap up for the day

The BSE Sensex made negative 561.45 points or -1.58% and hit 34,868 level while the NSE Nifty made negative 165.70 points or -1.58% and hit 10,305 level. Bank Nifty index has made negative 838.10 points or -3.76% and hit 21,426 level. ASIAN PAINTS, ITC, EICHERMOT, HEROMOTOCO, and GAIL were among major gainers on the Nifty, while losers were ICICIBANK, INDUSINDBK, POWERGRID, HINDALCO, and ZEEL NIFTY CHART PRICE GAINERS & LOSERS OI GAINERS & LOSERS Our Top Advises For trading and…

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