NiftyFuture last close: 11750.90 (+0.7%)
NiftyFuture was spiked consecutive fifth day and closed seven month high
What a rally in last nine sessions……… From 10800 to 11800
NF was opened 11676 and gradually increased up to 11779. Finally closed at 11754.30
NF closed above the level 11700 mark for the first time since Feb 25, 2020
On Monday TCS was helped to index, on Tuesday HDFC twins was helped and Yesterday Reliance did
Yesterday after market hours TCS declared the earnings report and Beat the street expectations
The company announced a share buyback proposal Rs 16000 crore at Rs 3000/share
US markets closed sharply higher on Wednesday
Expecting some partial US fiscal stimulus may happen
Dow Jones rose 530 points or 1.91% and Nasdaq gained 210 points or 1.88%
Asian markets were set to higher levels on Thursday
Oil falls 2% on US special stimulus impasse
FIIs bought 1093 crore worth of stocks in cash segment whereas DIIs sold 1129 crore
Today’s NiftyFuture supports and resistance levels
Entry and exit will be sent to my clients during market hours
Click here to checkout my packages details
Noon update will be post around 12 pm………… be patient
Updated: 08.48 am / 08th Oct 2020