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LIVE MARKET UPDATE: SENSEX,NIFTY TEPID | TODAY NIFTY MARKET REP

  • NIFTY FUTURE REPORT | DERIVATIVE MARKET REPORT


    NIFTY FUTURE OUTLOOK


    NIFTY FUTURE :

    R1:8623

    R2:8663

    R3:8687

    PIVOT :8600

    S1:8560

    S2:8536

    S3:8496

     

     

     

    Nifty closed at 8555.55 levels, down by 77.2 points or 0.89%. Sensex closed at 27655.96 level, down by 193.60 points or 0.70%. Markets were trading in negative territory throughout the day. Broader markets were also showing weakness. BSE Mid-cap index closed at 12849.65 level, down by 1.16%; while BSE Small-cap index closed at 12924.92 level, down by 1.11%. There were 384 advances, 1243 declines on NSE, reflective of a strong negative bias floating in the market. All the sectors except FMCG were trading in red on Tuesday. Heavyweight stock of FMCG index, ITC, contributed most to the index gains. India VIX index closed in green at 16.72, up by 0.29%. There is a lot of volatility in the market ahead of Budget 2017. IT stocks dragged markets in today's session in the wake of the H-1B Bill being tabled in the US house of representatives, which proposed minimum wages to be hiked to $ 130000 from $ 60000 currently. This news did not go down well for the IT stocks, as TCS, Infosys and Wipro along with other IT companies who send their employees on offshore location in US for work purpose, closed down by more than 1.15%. TCS being affected the most, closed down by more than 4%.

    Today, Nifty open down at 8639.80 to its previous closing at 8655.35 .Nifty will continue its Bullish  movement ahead. On daily chart, nifty can touch the level of 8750-8900.Whereas, if nifty unable to sustain above 8400 then further selling pressure can be seen. Next support for nifty is lying at 7350. Nifty can be range bound between 8450-8630.


    NIFTY BANK FUTURE REPORT

     

    NIFTY BANK FUTURE OUTLOOK

    BANK  NIFTY FUTURE :

    R1:19701

    R2:19814

    R3:19918

    PIVOT :19597

    S1:19484

    S2:19379

    S3:19266

     

     

    Bank nifty open down  today and  followed the choppy movement over the full trading hour’s  Its closed at the 19588.45, above 19600 level new level for bank nifty would be 19800-20000 come soon. BANK OF BARODA and SBI BANK is the losers of the day (-1.55%)  and (-1.36%) Respectively.


    Bank nifty open down at 19599.40 to its previous closing at 19650.55 on Tuesday. Major support of bank nifty seen at 19400-19500. on daily time frame. Its closed at 19588.45 on Tuesday session. Bank nifty may be touch the new high at the level of 19800-20000 soon. Above 19800 bullish trend might be follow by bank nifty, trader  can keep eye on its support & consolidation phase between the 19400-19600. Below that support short position might be seen.


    USDINR


    USDINR :

    R1:68.14

    R2:68.22

    R3:68.29

    PIVOT : 68.07

    S1:67.99

    S2:67.92

    S3:67.84

     

     


    The Indian rupee rose in the early trade on Tuesday. It has opened higher by 11 paise at 67.84 per dollar versus previous close 67.95. The USD-INR pair is expected to trade in a range of 67.80-68.10/dollar for the day. The 10-year benchmark bond yield is expected to trade in a range of 6.40-6.45 percent today. The dollar slipped a percent against the yen overnight on trump policy concerns.

     

    ASIAN MARKETS


    NAME

    CHANGE

    % CHANGE

    NIKKEI 225

    -327.51

    -1.72

    STRAITS TIMES

    -18.05

    -0.59

    HANG SENG

    -13.39

    -0.06

    TAIWAN WEIGHTED

    23.90

    0.25

     

     

     

     

     

    Asian markets finished mixed as of the most recent closing prices. The Shanghai Composite gained 0.31%, while the Nikkei 225 led the Hang Seng lower. They fell 1.69% and 0.06% respectively.


    INDIAN MARKETS


    Name

             Change

       % Change

                Open

          High

         Low

    Nifty 50

    -71.45

    -0.83

    8629.45

    8631.75

    8552.40

    Nifty Bank

    -70.10

    -0.36

    19533.20

    19624.10

    19435.45

    Nifty Metal

    -32.50

    -1.06

    3102.90

     3121.05

    3063.45

    Nifty Pharma

    -175.80

    -1.72

    10439.20

    10446.20

    10218.05

    Nifty Realty

    -1.15

    -0.64

    181.10

    181.20

    178.75

     

     

     

     

     

     

    Name

          Change

        % Change

               Open

              High

                Low

    Sensex

    -193.60

    -0.70

    27867.92

    27867.92

    27624.54

    S&P BSE

    Small Cap

    -134.19

    -1.04

     

    13090.53

    13093.45

    12923.64

    S&P BSE

    Midcap

    -143.48

    -1.12

    13038.42

    13043.11

    12836.86

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    TOP GAINER VS TOP LOSER


    TOP GAINER

    Company

    Prev. Close(Rs.)

    Current Price(Rs.)

    % Change

    IDEA

    97.70

    110.10

    +12.69

    INDUSIND BANK

    1239.70

    1252.05

    +1.00

    ITC LTD.

    256.10

    258.10

    +0.78

    BHARTI AIRTEL

    345.65

    348.20

    +0.74

    POWER GRID

    205.70

    207.20

    +0.73

    TOP LOSER

    Company

    Prev. Close(Rs.)

    Current Price(Rs.)

    % Change

    BHARTI INFRA

    328.70

    293.80

    -10.62

    GRASIM INDS.

    969.55

    910.55

    -6.09

    TATA CONSULT.

    2332.90

    2229.80

    -4.42

    TECH MAHINDRA

    471.60

    452.20

    -4.11

    HCL TECHNOLOGY

    840.25

    811.15

    -3.46

     

     

     

     


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