Tuesday 24 October 2017

nifty support on 24/10/2017

Morning report equity:
       US stocks closed lower on Monday after starting the day at record highs, weighed down by the tech and industrial sectors. Asian shares held within striking distance of recent decade highs on Tuesday even as Wall Street fell from record levels. The Nifty futures on the Singaporean stock exchange were trading lower by around 14 points at 10186, a fall of around 0.14 percent.
                                                              

Pivot      

R1        

R2           

S1      

S2 

 Nifty          

10178


10231

10277

10132

10078

Bank Nifty

24051

24189

24289

23951

23812

                          



   
 Turnover(cr) 
 NSE &BSE(Total value)
(Rs. Cr) 
  INDEX FUTURES 
24,646.03
 FII 
   -81.51
 INDEX OPTIONS 

5,48,153.23
 DII 
  307.84
 STOCK FUTURES 
77,490.99
 STOCK OPTIONS 

49,451.72
Put Call Ratio 0.94
                       


  Market Volume (in Rs Crore) 

NSE CASH  

29,180.67

NSE F&O

699,741.97





















Major news 

 Equity benchmarks closed a volatile session on a positive note Monday, backed by Reliance Industries, ICICI Bank, HDFC Bank, Infosys and telecom stocks; but HDFC and ITC capped gains. Global cues also supported the market. Investors looked at another batch of earnings. 

 Reliance Industries ended a record closing high, up 3.3 percent post tariff hikes by Jio on October 18. The stock was near to Rs 6 lakh crore market cap. It hit Rs 5.98 lakh crore in market cap in today's trade. 

 Bharti Airtel was up 5 percent, hitting a fresh 8-year high on hopes of likely stabilisation in pricing war after Reliance Jio hiked tariff rates. Idea Cellular also gained 7.6 percent. 

 UlraTech Cement was up 4 percent as a majority of brokerage houses remained bullish after Q2 earnings. Grasim, which holds a major stake in UltraTech, was also up 4 percent. 

 Infosys gained 1.35 percent ahead of earnings on Tuesday. ICICI Bank gained 1.8 percent and HDFC Bank was up 0.8 percent ahead of Q2 earnings later in the week

1 comment:

  1. Top market gainers of todays market are : UPL, Dr Reddy, Adani ports. Sensex and nifty ended on a negative note today. Commodity market traders can earn profitable returns by using precise mcx tips .

    ReplyDelete

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