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Nifty Closed Nearly at 7850 on 10 October 2014

Nifty closed nearly at 7850 move to down 100 point. Nifty move down to 100.60 point at 7859.95 and Sensex move down to 339.90 point at 26297.38. About 11 shares have advanced, 39 shares have declined and zero shares have unchanged. Experts believe the market continued to stay in tight range of 7800-8200 on the Nifty till next major trigger that is Union Budget.
Global growth concerns and weaker economic data from Germany spooked equity benchmarks on Friday but Infosys’ 7 percent rally on Q2 earnings helped the market cap losses.

Top gainers is HCL Tech, BHEL, Sun Pharma, Asian Paint, Tech Mahindra, Dr.reddy's Labs.

Top losers is jindal Steel, Tata Motors, Hindalco, Tata Steel, ITC, HDFC.

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Nifty Not Show a Recovery Mode on 10 October 2014

Today nifty sensex are not showing in a recovery mode, Nifty move down to 91 point at 7869.55 and Sensex move down to 283.12 point at 26354.16. Nifty sensex weak today. About 11 shares have advanced, 39 shares have declined and zero shares have unchanged.

Top gainers is Infosys, Asian Paint, Sun Pharma, BHEl, Motocorp, Reliance, Cipla, BPCL.

Top losers is Tata Motors, Hindaclo, Jindal Steel, HDFC, M&M.

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Mid Noon Nifty News on 10 October 2014

Nifty futures rose more than 1 percent after losing for three continues session. The encouraging India growth forecast by World Bank and delay in interest rates by the US Federal Reserve boost the sentiment of market. Nifty move down to 62.35 point at 7898.20 and Sensex move down to 217.38 point at 26419.90. Nifty for next trading session would have the resistance of 8020 if it breaks this level than having the next resistance of 8090 and in down side having the support of 7910 if it breaks this level than having the next support of 7850.

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