NiftyFuture last close: 14370.90 (+1.3%)
NiftyFuture was opened at 14000 on week started Monday and Nifty50 hit a fresh record high around 14350 for the first time on week ended
Sensex was rallied 1.9% closer towards 49000 while Nifty gains of 2.2%, Midcap index 5.4%, Large-cap index rose 2.6% , Nifty IT index rallied 7%, Nifty media added 5.6% and Small-cap index rocked 3.5% in the week ended
Not even Indian market big action was seen in the broader market which hit a fresh record highs
As per market capitalization Reliance sustained at first place with value of Rs 12.45 lakh crore and followed by TCS 11.70 lakh crore………. Is TCS will it break Reliance market cap ??
On the earnings front, Infosys and Wipro will declaring earning report on 13 Jan, Hcltech on 15 Jan and Hdfcbank on 16 Jan
US markets ended new highs on Friday as hopes of more stimulus from new Biden’s govt
Asian markets were to strong rally on Monday
FIIs was pumped more than 6000 crore in cash segment on Friday
SGXNifty indicate a positive opening for the index
NiftyFuture closed the week with a strong bullish candle for the seventh consecutive week in a row
NF made the higher top and higher bottoms on the weekly chart which indicating bulls domination will be continued
NF is facing a intraday resistance at 14420, 14450 and 14480
If crossover 14480 and manages above the level rally will be continued up to 14530
Today NF considering a supports 14350, 14320 and 14280
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Updated: 09.00 am / 11th Jan 2021
