Daily Nifty News Letter

Outlook Of Nifty/bank nifty today Nifty:   Nifty Outlook: Late recovery helped the NSE Nifty close moderately higher on Friday despite uncertainty over UK elections results that indicated a possibility of hung parliament. However, the BSE Sensex failed to continue its four weeks gains as investors preferred a bit of profit booking. The 30-share BSE Sensex was up 48.70 points at 31,262.06 and the 50-share NSE Nifty gained 21 points at 9,668.25, backed by HDFC Group and auto stocks. However, the selling in technology stocks and ITC capped gains. Bank Nifty:   Bank Nifty Outlook: Nifty Bank ended at fresh record closing high again, up 0.66 percent due to HDFC Bank (up 1.3 percent) and ICICI Bank (up 0.75 percent). HDFC extended gains, up 0.66 percent despite a media report suggested that merger of HDFC Standard Life Insurance and Max Life failed to get approval from insurance regulator. Max Financial, the promoter of Max Life, lost 3.4 percent. Nifty Trends    R1 9680 R2 9740 S1 9600 S2 9560 Technical Outlook Nifty Day Performance    Open 9,668.85 High 9,693.85 Low 9,619.95 Close 9682.90 Top Gainers VEDL 244.25 MARUTI 7,474.90 HINDALCO 202.80 TATASTEEL 507.00 Top Losers TECHM 387.50 GAIL 381.00 ITC 305.70 WIPRO 537.00 To Get Free Trial Missed call @8817002233 Mail Us = starindiamarket@gmail.com visit = https://www.starindiaresearch.com/nifty-bank-nifty-tips.php