Monday 16 October 2017

Daily Nifty News Letter


Today Outlook Of Nifty

Nifty:  

Nifty Outlook

The Nifty ended at fresh record closing high on Friday as investors cheered macro data, earnings and telcos deals. The rally was driven by banks, telecom and metals stocks, and Reliance Industries. But the broader markets underperformed benchmarks, ending flat.The 50-share NSE Nifty rose 71.10 points or 0.70 percent to 10,167.50, after hitting a fresh record high of 10,191.90 intraday.The 30-share BSE Sensex rallied 250.47 points or 0.78 percent to 32,432.69 despite weak market breadth. The index is still 254 points away from its record high of 32,686.48 hit on August 2.

Nifty Trends
   R1
10191
R2
10247
S1
9955
S2
9882


Technical Outlook

Top Gainers
BHARTIARTL
431.00
INFRATEL
450.00
TATASTEEL
710.50
BOSCHLTD
21,699.90

Top Losers
GAIL
436.25
BPCL
484.30
ZEEL
510.20
SUNPHARMA
533.35

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