NiftyFuture last close: 17824.45 (+1%)
On Thursday, NiftyFuture was rallied from lower levels
NF was opened 17750 and went to 17800 then slipped to 17700
Again shot up to 17837. Finally ended at 1% higher
Sensex was up 659.31 points or 1.12 percent at 59,688.222
Nifty ended the day higher by 174.35 points or 1% at 17,798.75
Banking and financials jumped close to 2 percent
Midcap rising 0.3% while the Smallcap ended the day with gains of 0.6%
Crude oil dipped below $90 a barrel for the first time since early February
European Central Bank makes largest-ever interest rate hike
Govt imposes 20% duty on rice exports of various grades
FIIs net bought 2913 crore while DIIs net sold 212 crore
Deltacorp are under F&O ban for 9 Sept
US future higher following a close in the green for cash market
US markets ends with gains
All frontline indices rise up to 0.5% to 1%
Fed’s Powell” We need to get inflation job done now & keep at it”
Asian markets higher in early trade on China’s inflation report
SGXNifty indicates at higher opening
NiftyFuture has closed above the recent top and formed a bullish candle
NiftyFuture is facing a intraday resistance 17850, 17880 and 17915
If breaks and manages above 17915 will try to move 17960-18000
On other side, NF can be considered as supports as 17800, 17780 and 17740
Below 17740 will try to check 17690
If there is any declins can add
Updated: 08.50 am / 09th Sept 2022
