The Benchmark Index Nifty gave a lackluster movement ahead of 3 days holiday on Ganesh Chaturthi and Weekend. The index closed 9857 after making low of 9849; Nifty made a high of 9882 and opened at 9881.
Infosys stock price jumped for the second day after reports that Nandan Nilekani is set to return to the company as non-executive chairman in the next few days. The stock closed at Rs. 912.20.
Bank Nifty too gave a lackluster movement and closed at 24274 after making a low of 24225. Canara Bank up by 1.5%, Bank Baroda zoomed by 1.35% and SBI moved up by 1.20%.
Nifty to open gap up by 34 points at 9893 against yesterday’s close of 9859 as per SGX Nifty.
The Cash Market Benchmark Index Small Cap last week made a low of 7340 and closed at 7516 after making a high of 7575.
International Market Update:
In International markets, S&P500 is trading at 2440.25, recently the Index made a low of 2416 which is a crucial support for the Index.
German Index Dax yesterday closed at 12154.30, recently the Index made a low of 11926.
MSCI emerging market Index is currently trading at 1085.37 if it sustains above 1080 we might see buying in the Indian market.
No comments:
Post a Comment