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Market To Take Cue From HDFC Bank Result To Be Announced Today

Dynamic Equities Pvt Ltd | 21 Apr, 2017  | Follow Author | Add to my Favourites 
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Indian Market Outlook: The benchmark Index Nifty closed in positive territory after 5 days of continuous negative close. Yesterday, the Index opened at 9108, made a low of 9103 and closed at 9136, after making a high of 9144.

Bank nifty took support of its 2 week low of 21396 and today made low of exactly 21396 and closed at 21491 after making a high of 21559. HDFC Bank will announce its Q4 result today at around 12:30 to 1:00 PM.

Small cap Index made a record high of 7322 and closed at 7319, the Index made low of 7222.

Nifty Future is opening at 9176.50 as per SGX Nifty at 8:00 am IST, 13 point above its previous close of 9163.

International Market Morning Update

In international markets, S&P500 closed at 2355 and is currently trading at 2353. The Index took support of its recent low of 2318. All time high of the Index is at 2401.

Positive sentiment was generated after a comments from Treasury Secretary Steven Mnuchin, who indicated that Trump administration plans to reveal a major tax reform plan "very soon."

German Index Dax yesterday closed at 12027. The recent high of the Index is at 12256, above which next level is 12454.

MSCI Emerging market Index is trading at 958.45.

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About Dynamic Equities Pvt Ltd

Dynamic Equities Pvt. Ltd. is a a SEBI Registered Investment Advisor and Stock Broker, a leading financial services provider, and one of the major players in the Equity markets in India. With an experience of over 15+ years in Stock Markets and Equity Research, they provide daily updated Support & Resistance of 4200 instruments across 93 exchanges and 56 countries globally. They have an in-house team of over 25 analysts. Under the guidance and mentorship of Mr. Shailesh Saraf, MD of Dynamic Equities Pvt. Ltd., these analysts are dedicately involved in guiding their clients and users of the website for trading in the market. Mr. Shailesh Saraf has an experience of over 24 years in the financial market, especially in capital & derivatives market operations, trading, research and management related areas. Dynamic Levels is a website owned by Dynamic Equities Pvt. Ltd. The website can be reached at

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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.

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