Daily Nifty News Letter

Outlook Of Nifty/bank nifty today Nifty:   Nifty Outlook The intraday rally that drove Nifty above 10,100 for the first time on Thursday -- post JD(U)-BJP alliance in Bihar and Federal Reserve meet . offset by the sell-off in last hour of trade due to F&O expiry-led volatility. But the index managed to close the July expiry above 10,000-mark. The 30-share BSE Sensex shed 290 points from day's high, to close with only 0.84 points gains at 32,383.30 driven by the rally in HDFC Group stocks. The index hit an intraday all-time high of 32,672.66. The 50-share NSE Nifty fell 0.10 points to 10,020.55 after hitting an intraday record high of 10,114.85 Bank Nifty:   Bank Nifty Outlook  The Nifty posted biggest absolute gains in a series since March 2016, up 5.4 percent and Nifty Bank rallied over 7 percent in July series but the Nifty Midcap underperformed, up 4.4 percent. HDFC was the biggest gainer among Sensex stocks, up 5.83 percent to end at record closing high of Rs 1,728.50 as brokerage houses raised target price on the stock post Q1 earnings. Yes Bank also ended at record closing high of Rs 1,786.75, up 4.33 percent after analysts retained bullish stance on stellar earnings performance and stock split. Nifty Trends    R1 10070 R2 10120 S1 9973 S2 9900 Technical Outlook Nifty Day Performance    Open 10,042.40 High 10,117.90 Low 10,010.00 Close 10025.20 Top Gainers HDFC 1,719.00 YESBANK 1,783.00 HDFCBANK 1,785.10 ZEEL 540.30 Top Losers DRREDDY 2,599.00 TCS 2,477.00 TATAMTRDVR 262.40 TATAMOTORS 444.05 To Get Free Trial on stock market tips,nifty trading tips give Missed call @8817002233,WHATSAPP NO. 8602780449 Mail Us = starindiamarket@gmail.com visit = https://www.starindiaresearch.com/nifty-bank-nifty-tips.php