Benchmark indices ended at new closing high on Friday, tracking global equity markets on the back of robust economic data.Benchmark indices ended at new closing high on Friday, tracking global equity markets on the back of robust economic data.
Asian shares inched closer to a record high after a report released on Thursday showed US private employers added higher-than-expected 250,000 jobs in December.
The Dow Jones Industrial Average sailed past the 25,000 mark for the first time on Thursday, while both the S&P 500 and the Nasdaq Composite notched record closing highs.
Back home, focus shifts to December quarter earnings with Tata Consultancy Services and Infosys scheduled to reports Q3 numbers late next week, amid signs the economy is recovering after the withdrawal of high-denomination currency bills in late 2016 and the introduction of the goods and services tax (GST) last year. CATCH ALL THE LIVE UPDATES03:44 PMMarkets today
S&P BSE Sensex 34,153.85 Up 0.54% Nifty 50 10,561.35 Up 0.54% S&P BSE 200 4,712.02 Up 0.68% Nifty 500 9,573.10 Up 0.71% S&P BSE Mid-Cap 18,070.03 Up 0.69% S&P BSE Small-Cap 19,704.92 Up 0.97%03:43 PMNifty PSU Bank was the only sectoral index in red
Source: NSE03:41 PMSectoral Trend
Source: NSE03:40 PMTop Sensex gainers and losers
Source: BSE03:37 PMMarkets at Close
The S&P BSE Sensex ended at new closing high at 34,153, up 184 points while the broader Nifty50 indec settled abobe 10,550 for the first time ever. It ended at 10,558, up 54 points
03:19 PMFMCG sector grows by 9% in Dec 16-Nov 17 period The fast moving consumer goods (FMCG) sector in India grew by nine per cent between December 2016 and November 2017, as per research agency Nielsen. While, the growth figure stands taller with comparable numbers for the past five years, a lower base may have played a role. During the period FMCG majors like Hindustan Unilever (HUL), Dabur and Marico witnessed severe fluctuations in sales numbers. HUL – the largest player in the sector – for example, posted four per cent growth in volume during January-March quarter, followed by flat sales in June quarter.
For Dabur, the numbers are lower. While, it managed to post 2.4 per cent growth during the first three months of the year, sales dipped 4.4 per cent year-on-year during April-June, thanks to the massive destocking exercise taken up by all trade partners. Marico, after posted impressive 10 per cent growth in March, witnessed nine per cent plunge in volume uptick.03:11 PMBSE Telecom index nears record high; up 3% Shares of telecommunication companies were in focus with the S&P BSE Telecom index rallying more than 3% on BSE, trading close to its record high. Idea Cellular, Bharti Airtel, Reliance Communications (RCom), Tejas Networks, GTL, GTL Infrastructure, Aksh Optifibre and Sterlite Technologies from the telecom index have surged up to 12% on BSE in intra-day trade. READ MORE03:03 PMSubros starts supply of blower for trucks; stock hits record high Subros hit an all-time high of Rs 347, up 11% on BSE in intra-day deal, after the company announced that it has started supply of blower for trucks to its customers include Tata Motors and Ashok Leyland. During the past year, Subros has intimated its investors and stakeholders about the impact of notification(s) issued by the Ministry of State for Road Transport and Highways about introduction of Blower in Truck application for N2 (3.5 to 12 tonnes) and N3 (above 12 tonnes) category trucks, the company said in a regulatory filing. Subros has tied up with Ashok Leyland, Swaraj Mazda Isuzu, Mahindra Truck and Bus Division and Tata Motors for the businesses, it added. READ MORE02:47 PMLooking at cryptocurrencies? These altcoins are rising faster than bitcoin Bitcoin alternatives are closing the gap with the market leader after names like stellar and cardano became red hot as 2017 was closing. The biggest cryptocurrency's share of market value has fallen to a record 36 per cent from 56 per cent a month ago, according to CoinMarketCap prices for coins and tokens. Stellar, designed for cross-border payments, has more than doubled in the first trading days of this year, achieving a record market cap of more than $13 billion. That kind of move raises questions as to whether speculators will drive up second-tier digital coins at the expense of bitcoin, even though they have different purposes. The paper value of all cryptocurrencies combined has more than doubled to almost $700 billion in the past month. READ MORE02:32 PMMarket Check
S&P BSE Sensex 34,135.27 Up 0.49% Nifty 50 10,549.60 Up 0.43% S&P BSE 200 4,709.26 Up 0.62% Nifty 500 9,565.90 Up 0.63% S&P BSE Mid-Cap 18,072.96 Up 0.71% S&P BSE Small-Cap 19,697.92 Up 0.93%02:15 PMFY18 GDP advance estimates today: A look at hits & misses of the past The Advance Estimates of growth in gross domestic product for the current financial year, which will be released on Friday, may give the correct picture of the economy if the strike rate of the correctness of these data with the first provisional data for the past two years is sustained. The estimates were also on the dot in 2013-14 when growth had slid to five per cent due to the so-called policy logjam. For the rest of the years, the deviation was a couple of percentage points here and there, barring the global financial crisis year of 2008-09 and 2011-12 when the eurozone crisis hit the world economy. Advance Estimates are used for computing Budget numbers such as fiscal deficit. READ MORE02:01 PMWill 2018 be the year of oil stocks? Investors bet big on crude's recovery Investors are gaining confidence - up to a point - that 2018 will be the year of oil stocks. While shares in top energy companies have risen since mid-2017, they have failed to keep step with recovering crude markets, opening up a historically unusual performance gap. Big oil stocks have also underperformed broader equity indexes. Uncertainty over whether the crude rally can stick and fears that advances in electric vehicles will undermine longer-term demand for oil still overshadow the sector. READ MORE01:44 PMFY18 GDP advance estimates today: Growth to slip below 7%, say experts India's economic growth is likely to be below 7 per cent this fiscal, say experts, citing GST disruption and lingering impact of note ban. The Indian economy grew 7.1 per cent in 2016-17, against 8 per cent in 2015-16. The Central Statistics Office (CSO) is scheduled to release its advance estimates of national income 2017-18 on Friday. "It is difficult for GDP to cross 7 per cent this fiscal unless the base is revised downwards. The economy is expected to do well in the third and fourth quarter," SBI Research Chief Economist Soumya Kanti Ghosh told PTI. READ MORE01:33 PMWarren Buffett says years of US growth 'certainly lie ahead' Billionaire Warren Buffett remains optimistic about the US economy and the nation's prospects for the future. Buffett wrote an essay for Time magazine that appeared online Thursday, part of an issue edited by Bill Gates that was dedicated to "The Optimists." In his essay, Buffett explained why he often says that most American children will live better than their parents. Buffett said that even if the economy continues to grow at a modest pace of about 2 percent a year, the next generation of Americans will fare better because the economy will still grow faster than the U.S. population does.01:00 PMCement shares extend rally Shares of cement companies were trading higher for the second straight day on expectation of increase in demand on the back of pick up in the affordable and rural housing segments. Prism Cement, Deccan Cements, Orient Cement, Panyam Cement and Gujarat Sidhee Cement were up in the range of 5% to 12%, while Star Cement, India Cements, HeidelbergCement India, Sanghi Industries and Shree Cement up 2% to 4% on BSE on Friday. On comparison, the S&P BSE Sensex was up 0.44% at 34,118 at 11:19 AM. READ MORE 12:40 PMForeign brokerages bullish on Indian markets The wide-based Nifty is expected to touch 11,500 by December this year, while the benchmark BSE Sensex will be at around 37,000, driven by strong earnings growth, said Deutsche Bank in its recently published report. The brokerage’s bullishness stems from the expectation of double-digit earnings growth and forms the keystone of its positive view on the market in 2018. "Our economists expect gross domestic product (GDP) growth to recover from 6.6 per cent in the current fiscal year to 7.5 per cent and 7.8 per cent over FY19 and FY20, respectively," the report said adding that "we expect Nifty earnings to increase 22 per cent in FY19 and 17 per cent in FY20". READ MORE12:25 PMLiquor shares in focus Shares of liquor companies have rallied by up to 18% on BSE in intra-day trade so far after GM Breweries reported a strong results for the third quarter ended December 2017 of current fiscal (Q3FY18). GM Breweries, Pincon Spirit, Associated Alcohols & Breweries, Pioneer Distilleries, Globus Spirits, Empee Distilleries and Tilaknagar Industries were up more than 4% on BSE. United Breweries, United Spirits, Khoday India, Jagatjit Industries and Radico Khaitan up in the range of 1% to 3%, as compared to 0.46% rise in S&P BSE Sensex at 10:29 AM. READ MORE12:04 PMSensex heatmap in noon deals
heatmapSource: BSE11:41 AMBSE to start bullion futures The BSE has become the first bourse to come out with a detailed plan on commodities derivatives after the Securities and Exchange Board of India (Sebi) last week approved a proposal allowing universal exchanges. The BSE on Thursday announced free membership for the commodities segment and said trading would be launched in phases, beginning with bullion, followed by base metals, and subsequently crude oil and natural gas. READ FULL STORY11:23 AMMarkets check
S&P BSE Sensex 34,131.05 Up 0.48% Nifty 50 10,548.40 Up 0.41% S&P BSE 200 4,709.25 Up 0.62% Nifty 500 9,564.60 Up 0.62% S&P BSE Mid-Cap 18,073.81 Up 0.71% S&P BSE Small-Cap 19,717.04 Up 1.03%10:53 AMBuzzing stock
Idea Cellular soared 9% to Rs 114 on BSE after the board approved fund raising of up to Rs 3,250 crore through issue of shares to promoter group companies via preferential issue at Rs 99.50 per share. “In the first tranche, the company will raise Rs 3,250 crore by issuing around 326.6 million preferential shares at Rs 99.50 a unit to four entities of the promoter group — Birla TMT Holdings Pvt Ltd, Elaine Investments Pte Ltd (Singapore), Oriana Investments Pte Ltd (Singapore) and Surya Kiran Investments Pte Ltd (Singapore) — subject to regulatory approvals,” Idea Cellular said in a regulatory filing. READ FULL REPORT10:35 AMADAG stocks and magic of debt reduction The Murphy’s Law says “you will always find something in the last place you look”. This was true with Anil Ambani’s group companies when a long-awaited turnaround for the group (Anil Dhirubhai Ambani Group, or ADAG) came from eye of the problems itself — Reliance Communications (RCom). From mid-December last year, when the word was ripe that the group’s telecom arm would finally monetise assets to cut debt, the RCom stock has appreciated almost 182 per cent. READ MORE10:16 AMBuzzing stock Varun Beverages has rallied 9% to Rs 750 on BSE in early morning trade after the company and PepsiCo India decided to enter into a strategic partnership for Tropicana. Varun Beverages (VBL), a key player in the beverage industry, on Thursday after market hours announced that it has further deepened its relationship with PepsiCo by entering into a strategic partnership for the larger Tropicana portfolio along with Gatorade and Quaker Value-Added Dairy in territories across North and East India. READ MORE09:58 AMNifty hits 10,550; top five gainers
gainersSource: NSE09:44 AMIndices hit record high
S&P BSE Sensex 34,124.11 Up 0.45% Nifty 50 10,540.50 Up 0.34% S&P BSE 200 4,706.63 Up 0.56% Nifty 500 9,550.55 Up 0.47% S&P BSE Mid-Cap 18,062.36 Up 0.65% S&P BSE Small-Cap 19,666.79 Up 0.77%09:33 AMSectoral trend
All but Nifty IT index was trading in green.
sectorsSource: NSE09:24 AMSensex heatmap at open
heatmapSource: BSE09:19 AMMarkets at open
At 9:18 am, the S&P BSE Sensex was trading at 34,057, up 88 points, while the broader Nifty50 was ruling at 10,529, up 24 points.
S&P BSE Sensex 34,021.27 Up 0.15% Nifty 50 10,543.05 Up 0.36% S&P BSE 200 4,690.98 Up 0.23% Nifty 500 9,505.75 Up 0.00% S&P BSE Mid-Cap 18,008.98 Up 0.35% S&P BSE Small-Cap 19,572.97 Up 0.29%09:11 AMDerivative Strategy on Hindustan Construction We have seen long positions being built in HCC futures on Thursday where we have seen open interest addition of 9% with price rise of 3%. In the option segment, 42.5 and 45 call added 1.50 lakh(11%) and 2.55 lakh(9%) shares in open interest suggest higher possibility of sharp price from hereon. READ MORE09:05 AMNifty outlook by Prabhudas Lilladher Nifty after a short consolidation phase has indicated a positive trigger with the RSI showing a trend reversal and also the daily trend has turned up again after 3 days. Now, the peak of 10,550 need to be breached decisively to see a fresh move upward. However, the support for the day is seen at 33,800/10,450 while resistance is seen at 34,160/10,560. READ MORE
Asian shares inched closer to a record high after a report released on Thursday showed US private employers added higher-than-expected 250,000 jobs in December.
The Dow Jones Industrial Average sailed past the 25,000 mark for the first time on Thursday, while both the S&P 500 and the Nasdaq Composite notched record closing highs.
Back home, focus shifts to December quarter earnings with Tata Consultancy Services and Infosys scheduled to reports Q3 numbers late next week, amid signs the economy is recovering after the withdrawal of high-denomination currency bills in late 2016 and the introduction of the goods and services tax (GST) last year. CATCH ALL THE LIVE UPDATES03:44 PMMarkets today
S&P BSE Sensex 34,153.85 Up 0.54% Nifty 50 10,561.35 Up 0.54% S&P BSE 200 4,712.02 Up 0.68% Nifty 500 9,573.10 Up 0.71% S&P BSE Mid-Cap 18,070.03 Up 0.69% S&P BSE Small-Cap 19,704.92 Up 0.97%03:43 PMNifty PSU Bank was the only sectoral index in red
Source: NSE03:41 PMSectoral Trend
Source: NSE03:40 PMTop Sensex gainers and losers
Source: BSE03:37 PMMarkets at Close
The S&P BSE Sensex ended at new closing high at 34,153, up 184 points while the broader Nifty50 indec settled abobe 10,550 for the first time ever. It ended at 10,558, up 54 points
03:19 PMFMCG sector grows by 9% in Dec 16-Nov 17 period The fast moving consumer goods (FMCG) sector in India grew by nine per cent between December 2016 and November 2017, as per research agency Nielsen. While, the growth figure stands taller with comparable numbers for the past five years, a lower base may have played a role. During the period FMCG majors like Hindustan Unilever (HUL), Dabur and Marico witnessed severe fluctuations in sales numbers. HUL – the largest player in the sector – for example, posted four per cent growth in volume during January-March quarter, followed by flat sales in June quarter.
For Dabur, the numbers are lower. While, it managed to post 2.4 per cent growth during the first three months of the year, sales dipped 4.4 per cent year-on-year during April-June, thanks to the massive destocking exercise taken up by all trade partners. Marico, after posted impressive 10 per cent growth in March, witnessed nine per cent plunge in volume uptick.03:11 PMBSE Telecom index nears record high; up 3% Shares of telecommunication companies were in focus with the S&P BSE Telecom index rallying more than 3% on BSE, trading close to its record high. Idea Cellular, Bharti Airtel, Reliance Communications (RCom), Tejas Networks, GTL, GTL Infrastructure, Aksh Optifibre and Sterlite Technologies from the telecom index have surged up to 12% on BSE in intra-day trade. READ MORE03:03 PMSubros starts supply of blower for trucks; stock hits record high Subros hit an all-time high of Rs 347, up 11% on BSE in intra-day deal, after the company announced that it has started supply of blower for trucks to its customers include Tata Motors and Ashok Leyland. During the past year, Subros has intimated its investors and stakeholders about the impact of notification(s) issued by the Ministry of State for Road Transport and Highways about introduction of Blower in Truck application for N2 (3.5 to 12 tonnes) and N3 (above 12 tonnes) category trucks, the company said in a regulatory filing. Subros has tied up with Ashok Leyland, Swaraj Mazda Isuzu, Mahindra Truck and Bus Division and Tata Motors for the businesses, it added. READ MORE02:47 PMLooking at cryptocurrencies? These altcoins are rising faster than bitcoin Bitcoin alternatives are closing the gap with the market leader after names like stellar and cardano became red hot as 2017 was closing. The biggest cryptocurrency's share of market value has fallen to a record 36 per cent from 56 per cent a month ago, according to CoinMarketCap prices for coins and tokens. Stellar, designed for cross-border payments, has more than doubled in the first trading days of this year, achieving a record market cap of more than $13 billion. That kind of move raises questions as to whether speculators will drive up second-tier digital coins at the expense of bitcoin, even though they have different purposes. The paper value of all cryptocurrencies combined has more than doubled to almost $700 billion in the past month. READ MORE02:32 PMMarket Check
S&P BSE Sensex 34,135.27 Up 0.49% Nifty 50 10,549.60 Up 0.43% S&P BSE 200 4,709.26 Up 0.62% Nifty 500 9,565.90 Up 0.63% S&P BSE Mid-Cap 18,072.96 Up 0.71% S&P BSE Small-Cap 19,697.92 Up 0.93%02:15 PMFY18 GDP advance estimates today: A look at hits & misses of the past The Advance Estimates of growth in gross domestic product for the current financial year, which will be released on Friday, may give the correct picture of the economy if the strike rate of the correctness of these data with the first provisional data for the past two years is sustained. The estimates were also on the dot in 2013-14 when growth had slid to five per cent due to the so-called policy logjam. For the rest of the years, the deviation was a couple of percentage points here and there, barring the global financial crisis year of 2008-09 and 2011-12 when the eurozone crisis hit the world economy. Advance Estimates are used for computing Budget numbers such as fiscal deficit. READ MORE02:01 PMWill 2018 be the year of oil stocks? Investors bet big on crude's recovery Investors are gaining confidence - up to a point - that 2018 will be the year of oil stocks. While shares in top energy companies have risen since mid-2017, they have failed to keep step with recovering crude markets, opening up a historically unusual performance gap. Big oil stocks have also underperformed broader equity indexes. Uncertainty over whether the crude rally can stick and fears that advances in electric vehicles will undermine longer-term demand for oil still overshadow the sector. READ MORE01:44 PMFY18 GDP advance estimates today: Growth to slip below 7%, say experts India's economic growth is likely to be below 7 per cent this fiscal, say experts, citing GST disruption and lingering impact of note ban. The Indian economy grew 7.1 per cent in 2016-17, against 8 per cent in 2015-16. The Central Statistics Office (CSO) is scheduled to release its advance estimates of national income 2017-18 on Friday. "It is difficult for GDP to cross 7 per cent this fiscal unless the base is revised downwards. The economy is expected to do well in the third and fourth quarter," SBI Research Chief Economist Soumya Kanti Ghosh told PTI. READ MORE01:33 PMWarren Buffett says years of US growth 'certainly lie ahead' Billionaire Warren Buffett remains optimistic about the US economy and the nation's prospects for the future. Buffett wrote an essay for Time magazine that appeared online Thursday, part of an issue edited by Bill Gates that was dedicated to "The Optimists." In his essay, Buffett explained why he often says that most American children will live better than their parents. Buffett said that even if the economy continues to grow at a modest pace of about 2 percent a year, the next generation of Americans will fare better because the economy will still grow faster than the U.S. population does.01:00 PMCement shares extend rally Shares of cement companies were trading higher for the second straight day on expectation of increase in demand on the back of pick up in the affordable and rural housing segments. Prism Cement, Deccan Cements, Orient Cement, Panyam Cement and Gujarat Sidhee Cement were up in the range of 5% to 12%, while Star Cement, India Cements, HeidelbergCement India, Sanghi Industries and Shree Cement up 2% to 4% on BSE on Friday. On comparison, the S&P BSE Sensex was up 0.44% at 34,118 at 11:19 AM. READ MORE 12:40 PMForeign brokerages bullish on Indian markets The wide-based Nifty is expected to touch 11,500 by December this year, while the benchmark BSE Sensex will be at around 37,000, driven by strong earnings growth, said Deutsche Bank in its recently published report. The brokerage’s bullishness stems from the expectation of double-digit earnings growth and forms the keystone of its positive view on the market in 2018. "Our economists expect gross domestic product (GDP) growth to recover from 6.6 per cent in the current fiscal year to 7.5 per cent and 7.8 per cent over FY19 and FY20, respectively," the report said adding that "we expect Nifty earnings to increase 22 per cent in FY19 and 17 per cent in FY20". READ MORE12:25 PMLiquor shares in focus Shares of liquor companies have rallied by up to 18% on BSE in intra-day trade so far after GM Breweries reported a strong results for the third quarter ended December 2017 of current fiscal (Q3FY18). GM Breweries, Pincon Spirit, Associated Alcohols & Breweries, Pioneer Distilleries, Globus Spirits, Empee Distilleries and Tilaknagar Industries were up more than 4% on BSE. United Breweries, United Spirits, Khoday India, Jagatjit Industries and Radico Khaitan up in the range of 1% to 3%, as compared to 0.46% rise in S&P BSE Sensex at 10:29 AM. READ MORE12:04 PMSensex heatmap in noon deals
heatmapSource: BSE11:41 AMBSE to start bullion futures The BSE has become the first bourse to come out with a detailed plan on commodities derivatives after the Securities and Exchange Board of India (Sebi) last week approved a proposal allowing universal exchanges. The BSE on Thursday announced free membership for the commodities segment and said trading would be launched in phases, beginning with bullion, followed by base metals, and subsequently crude oil and natural gas. READ FULL STORY11:23 AMMarkets check
S&P BSE Sensex 34,131.05 Up 0.48% Nifty 50 10,548.40 Up 0.41% S&P BSE 200 4,709.25 Up 0.62% Nifty 500 9,564.60 Up 0.62% S&P BSE Mid-Cap 18,073.81 Up 0.71% S&P BSE Small-Cap 19,717.04 Up 1.03%10:53 AMBuzzing stock
Idea Cellular soared 9% to Rs 114 on BSE after the board approved fund raising of up to Rs 3,250 crore through issue of shares to promoter group companies via preferential issue at Rs 99.50 per share. “In the first tranche, the company will raise Rs 3,250 crore by issuing around 326.6 million preferential shares at Rs 99.50 a unit to four entities of the promoter group — Birla TMT Holdings Pvt Ltd, Elaine Investments Pte Ltd (Singapore), Oriana Investments Pte Ltd (Singapore) and Surya Kiran Investments Pte Ltd (Singapore) — subject to regulatory approvals,” Idea Cellular said in a regulatory filing. READ FULL REPORT10:35 AMADAG stocks and magic of debt reduction The Murphy’s Law says “you will always find something in the last place you look”. This was true with Anil Ambani’s group companies when a long-awaited turnaround for the group (Anil Dhirubhai Ambani Group, or ADAG) came from eye of the problems itself — Reliance Communications (RCom). From mid-December last year, when the word was ripe that the group’s telecom arm would finally monetise assets to cut debt, the RCom stock has appreciated almost 182 per cent. READ MORE10:16 AMBuzzing stock Varun Beverages has rallied 9% to Rs 750 on BSE in early morning trade after the company and PepsiCo India decided to enter into a strategic partnership for Tropicana. Varun Beverages (VBL), a key player in the beverage industry, on Thursday after market hours announced that it has further deepened its relationship with PepsiCo by entering into a strategic partnership for the larger Tropicana portfolio along with Gatorade and Quaker Value-Added Dairy in territories across North and East India. READ MORE09:58 AMNifty hits 10,550; top five gainers
gainersSource: NSE09:44 AMIndices hit record high
S&P BSE Sensex 34,124.11 Up 0.45% Nifty 50 10,540.50 Up 0.34% S&P BSE 200 4,706.63 Up 0.56% Nifty 500 9,550.55 Up 0.47% S&P BSE Mid-Cap 18,062.36 Up 0.65% S&P BSE Small-Cap 19,666.79 Up 0.77%09:33 AMSectoral trend
All but Nifty IT index was trading in green.
sectorsSource: NSE09:24 AMSensex heatmap at open
heatmapSource: BSE09:19 AMMarkets at open
At 9:18 am, the S&P BSE Sensex was trading at 34,057, up 88 points, while the broader Nifty50 was ruling at 10,529, up 24 points.
S&P BSE Sensex 34,021.27 Up 0.15% Nifty 50 10,543.05 Up 0.36% S&P BSE 200 4,690.98 Up 0.23% Nifty 500 9,505.75 Up 0.00% S&P BSE Mid-Cap 18,008.98 Up 0.35% S&P BSE Small-Cap 19,572.97 Up 0.29%09:11 AMDerivative Strategy on Hindustan Construction We have seen long positions being built in HCC futures on Thursday where we have seen open interest addition of 9% with price rise of 3%. In the option segment, 42.5 and 45 call added 1.50 lakh(11%) and 2.55 lakh(9%) shares in open interest suggest higher possibility of sharp price from hereon. READ MORE09:05 AMNifty outlook by Prabhudas Lilladher Nifty after a short consolidation phase has indicated a positive trigger with the RSI showing a trend reversal and also the daily trend has turned up again after 3 days. Now, the peak of 10,550 need to be breached decisively to see a fresh move upward. However, the support for the day is seen at 33,800/10,450 while resistance is seen at 34,160/10,560. READ MORE
No comments:
Post a Comment