NiftyFuture last close: 15734.65
On 27th July, NiftyFuture was opened positive note but unable to sustained opening gain
Global cues was not good and Pharma stocks pushed Nifty50 below 15800 levels
NF was opened 15840 and went to 15870 (You know ? I did written resistance at 15870 on yesterday) then fell up to 15693. Finally settled at 15732
Drreddy was declared mildly below expectation earnings report but stock declined more than 10%
All pharma stocks was seen selling pressure
After March 2020, correction Pharma index was first breakout index. Now, Is first break down index ? Wait and see
Volatility index was up 7%
PSU Banks did well
Axisbank, Indusindbank and Kotakbank fell significantly
IT index did well as well as Midcap index marginal lost
IMF cut India’s FY22 GDP forecast to 9.5% from 12.5%
Today’s major result stocks Maruti, Nestle, ABB, Pfizer, Tatacoffee, Srf, Coforge, Route and MGL
FIIs net sold 1459 crore value of shares and DIIs net bought 730 crore
Idea and Sail under F&O ban stocks
Today’s NiftyFuture Intraday supports and resistance levels will be sent to my clients only
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Noon update will post around 12.30 pm……….. be patient
Updated: 08.50 am / 28th July 2021