Market Outlook
Market awaite range breakout on UP election results & Fed interest rate hike Indian Market Outlook: Yesterday, the Indian Benchmark Index Nifty traded in a narrow range of 46 points. Nifty opened at 8978, made a low of 8933 and closed at 8947, 16 points below its previous day’s close of 8963. The immediate support level of Nifty is at 8860 which is its current month low. The resistance level of Nifty is at 8993. Bank Nifty too traded in a range of 115 points yesterday, the index made a high of 20701 and low 20586. Bank Nifty closed at 20627, 37 points below its previous day’s close of 20664.
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