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Month: June 2020

Market action for the day

Market action for the day

Trends on SGX Nifty indicate a negative opening for the index in India with a 37 points loss. Indian equity benchmarks Sensex and Nifty logged in gains for the fourth consecutive session on June 23. The S&P BSE Sensex rallied 519 points to close at 35,430 while the Nifty50 witnessed selling pressure near 10,500 to end the day 160 points higher at 10,471. According to pivot charts, the key support level for the Nifty is placed at 10,353.63, followed by…

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Market wrap up for the day

Market wrap up for the day

The BSE Sensex made positive 519.11 points or 1.49% and hit 35,430 level while the NSE Nifty made positive 159.80 points or 1.55% and hit 10,471 level. Bank Nifty index has made positive 556.55 points or 2.56% and hit 22,264 level. BAJAJ FINANCE, LT, INDUSINDBK, NTPC, and HINDALCO were among major gainers on the Nifty, while losers were RELIANCE, BHARTIARTL, VEDL, and MARUTI NIFTY CHART PRICE GAINERS & LOSERS OI GAINERS & LOSERS Our Top Advises For trading and investment…

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Market action for the day

Market action for the day

The key support level for Nifty is placed at 10,261.3, followed by 10,211.4. If the index moves up, the key resistance levels to watch out for are 10,377.4 and 10,443.6. Nifty continued its northward march for the third day in a row to close at 10,311 levels, the highest since March 11, despite weak global cues. Sensex closed 180 points, or 0.52 percent, higher at 34,911.32 while Nifty finished at 10,311.20, up 67 points, or 0.65 percent. NIFTY, Call option…

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Market wrap up for the day

Market wrap up for the day

The BSE Sensex made positive 179.59 points or 0.52% and hit 34,911 level while the NSE Nifty made positive 66.80 points or 0.65% and hit 10,311 level. Bank Nifty index has made positive 370.25 points or 1.74% and hit 21,708 level. BAJAJ-AUTO, BAJFINANCE, BAJAJFINSV, COAL INDIA, and VEDL were among major gainers on the Nifty, while losers were WIPRO, GAIL, ONGC, HDFC, and HINDALCO. NIFTY CHART PRICE GAINERS & LOSERS OI GAINERS & LOSERS Our Top Advises For trading and…

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Market action for the day

Market action for the day

The key support level for the Nifty is placed at 10,120.6, followed by 9,996.8. If the index moves up, the key resistance levels to watch out for are 10,320.3 and 10,396.2. The Indian market ended the week ended June 19 on a positive note as the equity benchmarks Sensex and Nifty rose almost 3 percent week-on-week. The markets had begun the week on a negative note as fears of a second wave of COVID-19 infections sent jitters across global markets….

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Weekly Markets Action

Weekly Markets Action

The Indian market ended the week on a positive note as the equity benchmarks Sensex and Nifty rose almost 3 percent week-on-week. The bulls continued to dominate and helped the index to gain significantly. The surge was led by index heavyweight, Reliance Industries, which announced that it has become net debt-free. Besides, the prevailing buoyancy in the banking and financial combined with up move in auto, realty, and infra stocks further added to the positivity. In the coming week, the…

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Market wrap up for the day

Market wrap up for the day

The BSE Sensex made positive 523.68 points or 1.53% and hit 34,731 level while the NSE Nifty made positive 152.75 points or 1.51% and hit 10,0244 level. Bank Nifty index has made positive 381.80 points or 1.82% and hit 21,338 level. BAJAJFINSV, BAJFINANCE, RELIANCE, TATAMOTORS, and INFRATEL were among major gainers on the Nifty, while losers were INDUSINDBK, M&M, VEDL, HCLTEC, and ITC. NIFTY CHART PRICE GAINERS & LOSERS OI GAINERS & LOSERS OUR TOP ADVISES For trading and investment…

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Market action for the day

Market action for the day

The Indian stock market is expected to open flat with Asian markets trading mixed following the second wave of coronavirus and hopes about an economic recovery. SGX Nifty indicates a flat to positive opening for the index in India with a 10 points gain. The Nifty futures were trading at 10,044 on the Singaporean Exchange around 07:30 hours IST. Sensex ended with a gain of 700 points, or 2.09 percent, at 34,208.05 on June 18 while Nifty settled 211 points, or 2.13 percent, higher…

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Market wrap up for the day

Market wrap up for the day

The BSE Sensex made positive 700.13 points or 2.09% and hit 34,208 level while the NSE Nifty made positive 210.50 points or 2.13% and hit 10,091 level. Bank Nifty index has made positive 754.55 points or 3.74% and hit 20,956 level. Bajajfinsv, CoalIndia, Bajfinance, Zeel, and Vedl were among major gainers on the Nifty, while losers were TCS, Hindunilvr, Bhartiartl, Asian paints, and Bajaj – Auto. 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

The key support level for the Nifty is placed at 9,808.77, followed by 9,736.38. If the index moves up, the key resistance levels to watch out for are 9,978.57 and 10,075.98. Headline indices — Sensex and Nifty — ended in the red on June 17 amid concerns over the escalation of the India-China border dispute. The Sensex ended June 17 with a loss of 97 points, or 0.29 percent, at 33,507.92. The Nifty settled 33 points, or 0.33 percent, lower…

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