Outlook Of Nifty/bank nifty today
Nifty Outlook:
The S&P
BSE Sensex remained volatile throughout the trading session on Monday and
hit a record high 31,214.39. As much as 37 stocks hit a fresh record high
on the BSE. Stocks which hit fresh record high include names like Maruti
Suzuki, IndusInd Bank, Savita Oil, Manpasand Beverages, Escorts, Finolex
Industries, PC Jewellers, Shakti Pumps, Power Grid etc. among others.
Riding the momentum, as much as 87 stocks hit a fresh 52-week on the BSE
which include names like HDFC Bank, L&T, HUL, HDFC, Apar Industries,
BPCL, Tata Steel, ITC, Hindalco, South India Bank etc
Bank Nifty Outlook:
According
to latest depository data, FPIs invested a net Rs 9,007 crore in equities
during May 2-26, while they poured Rs 15,769 crore in the debt markets
during the period under review, translating into a net inflow of Rs 24,776
crore (USD 3.85 billion). FIIs bought more than Rs 10,000 crore worth of
shares in current month while domestic institutional investors made Rs
4,500 crore worth of buying.
Technical Outlook
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Tuesday, 30 May 2017
Daily Nifty News Letter
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