Nifty Hover Around 7900 Level 20 October 2014

In Monday nifty hits 7900 level move up to 100 point but in mid noon Nifty hover around at 7900 level like as 5 point move to up or 5 point move to down. Nifty move up to 118.60 point at 7898.30 and Sensex move up to 394.79 point at 26503.32 value. About 44 shares have advanced, 6 shares have declined and zero shares have unchanged. ONGC gain up to 6.75 percent and Hindalco move up to 5 percent, DLF also gain up to 4.57 percent.

Top gainers is ONGC, Hindalco, DLF, Tata Motors, Axis Bank, BPCL, PNB.

Top losers is Jindal Steel, Infosys, Wipro, ITC, Reliance, NMDC.

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Nifty Hits 7900 Level 20 October 2014

In Monday market opened in a positive mode, After one hour market nifty breaks 7900 level. Nifty move up to 123.75 point at 7903.45 level with 1.59 percentage and Sensex move up to 396.20 point at 26504.73 with 1.52 percentage. In nifty about 42 shares have advanced, 8 shares have declined and zero shares have unchanged.

Top gainers is ONGC, BPCL, Tata Motors, PNB, HDFC, Hindalco.

Top losers is Jindal Steel, Infosys, Wipro, Hero Motocorp, Reliance, BHEL.

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Nifty Futures Outlook 20 October 2014

Nifty futures ended with gains on Friday after remaining under pressure for past two trading sessions. Value buying was seen on hopes a likely win for BJP in two recent elections would help push key reforms. Nifty futures closed at 7817 with a high of 7872. Nifty for next trading session would have the resistance of 7860 if it breaks this level than having the next resistance of 7920 and in down side having the support of 7780 if it breaks this level than having the next support of 7750.

Top gainers is ONGC, BPCL, Tata Motors, Hindalco, HDFC, Axis Bank.

Top losers is Jindal Steel, Infosys, Reliance, Wipro, TCS, Hero Motocorp.

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Nifty Sensex Opened in Strong Mode 20 October 2014

After one day closed market, Market opened in strong mode nifty opened at 7896.95 and Sensex opened at 26434.16. Currently Nifty move up to 110.25 point at 7889.95 and Sensex move up to 3452.91 at 26451.14. About 41 shares have advanced, 9 shares have declined and zero shares have unchanged.

The Indian rupee advanced in the early trade. It has opened higher by 24 paise at 61.20 per dollar against 61.44 Friday.

Top gainers is BPCL, ONGC, Axis Bank, SBI, PNB.

Top losers is Jindal Steel, Hero Motocorp, DLF, Reliance, Infosys.

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