NiftyFuture last close: 11616.40
NiftyFuture was broken last 10 days high and closed above the level. Good sign
But, While updating SGXNifty indicate a negative opening for the weak global cues
FED decided to keep interest rates near zero. That one is good for stock market
Let’s see stocks wise movements…….. Pharma stock did well in last two sessions
Also IT stocks was performed very well likes Infy, Tcs, Wipro and Techm
Reliance hit fresh record high
Banking stocks if supported to nifty……… Easily index will cross recent high 11800
US markets ended lower on Wednesday. Dow Jones rose 37 points and Nasdaq fell 140 points
Asian markets were set to drift lower on Thursday
Oil up more than 4%. Brent crude up $1.70 or 4.3%
FIIs net bought 264 crore worth of stocks in cash segment whereas DIIs sold 212 crore
Today’s NiftyFuture supports and resistance levels
Entry and exit will be sent to my clients during the market hours!!
Noon update will post around 12.30 pm………… Be patient!!
Updated: 08.51 am / 17th Sept 2020