INDIAN BENCHMARKS, D-street: Rollercoaster Ride; Bulls maintain momentum
India's stock markets rose for a 2nd consecutive day, heading for their first back-to-back gains so far this month, as investors continued to buy into beaten-down stocks such as ITC even though sentiment remained broadly cautious. The S&P BSE Sensex and CNX Nifty Trading Tips ended 0.41% and 0.40% higher each.
Major Headlines:
- Trade deficit shrinks to $ 9.8 bn, exports continue to fall
- Ramco Aviation launches 'Anywhere' Apps on Mobile
- R-Infra sells stake in Mumbai power business for Rs3,500 crore
The crucial resistance for Nifty is now seen at 7915 and above this 7955. Support for the immediate term is now placed at 7790 and next support will be 7755.
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The domestic stock market gyrated wildly in a range of 140 points in Monday's trade before closing slightly higher from Friday's close a day ahead of… Read More
OPENING BELL
CAPITALSTARS OPENING BELL:
NIFTY SPOT DOWN 2@7932
SENSEX UP 22@26150
BANK NIFTY FUTURES UP 25@17452
HAPPY TRADING
WWW.CAPITALSTARS.COM +917316790000
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TREND MIXED TO BULLISH
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CLOSING BELL
CAPITALSTARS CLOSING BELL:
NIFTY SPOT DOWN 7@7935
SENSEX UP 17@ 26145
BANK NIFTY FUTURES UP 60@17485
HAVE A NICE DAY!
WWW.CAPITALSTARS.COM +917316790000
&nbs… Read More
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