NiftyFuture last close: 14253.15 (-0.9%)
NiftyFuture was opened at strong note but unable to sustained morning gains
NF crashed from 14497 to 14233.60 then finally closed at 14254
NF has broken previous week low 14250. Do you know I did mention strong support 14250
On yesterday SGXNifty indicate a low was around 14000
Sensex plunged 604 points in intraday and ended with 531 points lower
Reliance, Indusindbank, and HCLTech ended as the top declined in the Nifty pack.
Grasim, Cipla and UPL top gainers in the Nifty pack
Smallcap and Midcap index fell more than 1%
The overall market cap has dropped to Rs 2.1 lakh crore on Jan 25
IMF projects impressive 11.5% growth rate for India in 2021. Positive news
US markets fell 23 points, S&P500 lost 6 points and Nasdaq closed flat
Asian markets looked set to rise on Wednesday after a deep sell-off on Tuesday
Today focus on Axisbank, Canbank, HUL, Icicipruli, Marico, and Mcdowell were set to declare earnings report on today
FIIs sold 765 crore value of stocks while DIIs sold 387 crore
Indian market witnessed a highly volatile trade due to weak global cues and reports of Indo-China border tension on Monday
Next few sessions (Maybe on up to next weekly expiry 04th Feb) expecting huge volatile ahead of Jan month expiry on tomorrow and union Budget 2021 on 1 Feb.
Retail and small traders better to avoid these days to trade. Don’t loose your hard earned money.
However……….. NiftyFuture intraday levels will be sent to my clients only
Noon update will post around 12.30 pm……….. be patient!!
Updated: 08.49 am / 27th Jan 2021
