Nifty Futures Outlook 29 October 2014

Nifty futures ended with gains on Tuesday ahead of two days US Federal Reserve Open Market Committee meet. Nifty futures closed at 8040 with a high of 8051. Nifty for next trading session would have the resistance of 8065 if it breaks this level than having the next resistance of 8110 and in down side having the support of 7990 if it breaks this level than having the next support of 7940.

Top gainers is Tech Mahindra, HCL Technologies, Infosys, DLF, TCS, NMDC.

Top losers is CAIRN, M&M, Tata Power, BHEL, Lupin, SSLT, Bajaj Auto.

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Nifty Hits 8100 In Expiry Days

Today market opened in strong mode and nifty hits 8100, in expiry days nifty moving on big strong mode today. Nifty move up to 26.00 point at 8116.45 value and Sensex move up to 81.12 point at 27179.29 value. In 50 shares index About 30 shares have advanced, 20 shares have declined and zero shares have unchanged. DLF move to top gaining list with 4 percent.

The Indian rupee slipped in early trade. It has opened lower by 16 paise at 61.51 per dollar against previous day close of 61.35.

Top gainers is DLF, Tech Mahindra, Infosys, Dr. Reddy's, HCL Technologies, TCS.

Top losers is CAIRN, M&M, Hindalco, Tata Power, Bharti Airtel, BHEL.

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Nifty Sensex Opened Strong Mode In Expiry Days

Today market opened in strong mode in expiry days. Nifty opened at 8085.20 value and Sensex opened at 27156.25 value. Currently nifty move up to 18.20 point at 8108.65 and sensex move up to 56.11 point at 27154.28 value. About 23 shares have advanced, 26 shares have declined and 1 shares have unchanged.

Tech Mahindra and DLF gain 3 to 4 percent in top gainers list.

Top gainers is Tech Mahindra, DLF, HCL Technologies, Dr. Reedy's, Infosys.

Top losers is M&M, Hindalco, Jindal Steel, ITC, Tata Power, BPCL, SBI.

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