Nifty futures rose more than 1 percent on Monday after the government energy reform’s led to a rally in oil firms, while wins by Prime Minister Narendra Modi’s party in two state elections raised expectations for more reforms. Nifty futures closed at 7895 with a high of 7940. Nifty for next trading session would have the resistance of 7940 if it breaks this level than having the next resistance of 8010 and in down side having the support of 7870 if it breaks this level than having the next support of 7820.
Top gainers is Jindal Steel, GAIL, BHEL, Sesa Seralite, Bharti Airtel.
Top losers is PNB, ONGC, M&M, Lupin, Coal India
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