Nifty Breaks 7750 Level, Market Under Pressure

In Thursday nifty breaks the level of 7750 and moving on 7700 level, after mid noon nifty sensex under pressure. Nifty move down to 116.80 point at 7747.20 and Sensex move down to 400.76 point at 25948.57. Our researcher said before end of market nifty will close to 100 more point. About 7 shares have advanced, 43 shares have declined and 0 shares have unchanged.

Top gainers is DLF, ITC, BPCL, Coal India, GAIL.

Top losers is Hindalco, Jindal Steel, M&M, Tata Power, Tech Mahindra.

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Nifty Futures Wrap

In October month nifty in a sell mode, 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 7860 if it breaks this level than having the next support of 7810. 

Our researcher said market in a sell mode so carefully invest and not to try in buy mode

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Nifty Sensex Under Pressure, Nifty Declined 3.30 point

Nifty sensex is an amid pressure in morning session, nifty opened at flat note and now is an under pressure, Hindalco and sesa falls to 2%. Nifty move down to 3.30 points at 7860.70 and Sensex move down to 5.23 point at 26344.10. About 26 shares have advanced, 24 shares have declined and zero shares have unchanged.

Pharmaceutical board director had approved on 7th October special dividend of 105 Rs per Equity share of Rs 10 to each shares holders and also said special dividend will be paid after 22 October.

Top gainers is DLF, BPCL, TCS, GAIL, Coal India, ITC, Hero Motocorp, Sun Pharma.

Top losers is Hindalco, Tata Power, M&M, HCL Technologies, Asian Paint, Jindal Steel.

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Nifty Sensex Opened Flat on 16 October 2014

In  Thursday market opened flat note, Nifty opened at 7837.30 point and Sensex opened at 26260.35 value. Currently nifty move up to 23.45 point at 7887.45 and sensex move up to 77.32 point at 26426.65. About 31 shares have advanced, 19 shares have declined and zero shares have unchanged. Today TCS and Hero MotoCorp gain and Bajaj Auto falls.
Top gainers is DLF, Tata Motors, TCS, GAIL, Hero Motocorp, Tata Steel, Infosys.

Top losers is Hindalco, Tata Powers, Reliance, Bajaj Auto, Sesa Sterlite Limited, ONGC.

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