Nifty Futures Outlook 7 November 2014

Nifty futures closed at record high for fourth consecutive session. Slew of economic reforms recently announced by the government along with decline in global crude oil prices aided the buying interest of the investors. Nifty futures closed at 8380 with a high of 8312. Nifty for next trading session would have the resistance of 8415 if it breaks this level than having the next resistance of 8490 and in down side having the support of 8360 if it breaks this level than having the next support of 8310.

Trading Strategy- Buy on Dips.

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Nifty Sensex Opened Flat 7 November 2014

Today, Market opened in a tepid note, Nifty opened at 8331.85 move down to 7.35 point and sensex opened 27902.71 value move down to 37 point. About 22 shares have advanced, 27 shares have declined and 1 shares have unchanged.

Ranbaxy falls 4 percent and Sun Pharma down to 2 percent while DLF move up to 4 percent and Zee Entertainment, Ambuja Cement move up to 2 percent.

The Indian rupee fell 11 paise in early trade. The currency opened at 61.52 a dollar compared to Wednesday's closing value of 61.41 per dollar. The market was shut on Thursday for public holiday.

Top gainers is DLF, Zee Entertainment, Ambuja Cement, BPCL, ACC, Jindal Steel, Dr. Reddy.

Top losers is Hero Motocorp, Kotak Bank, Sun Pharma, M&M, Coal India, GAIL.

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News Of Nifty Top Gainers 6 November 2014

Yesterday Nifty top gainers is Axis Bank, HCL Technologies, Dr. Reddy, BPCL, SBI.

Axis Bank- Axis Bank opened at 445.25 and closed at 457.95 move up to 15.30 point with 3.44 percentage. Axis Bank total turnover is 21,417.52 lacs.

HCL Technologies- HCL Technologies opened at 1571.00 and closed at 1605.00 move up to 37.95 point with 2.42 percentage. HCL Technologies total turnover is 17962.20 lacs.

Dr. Reddy- Dr. Reddy opened at 3199.00 and closed at 3172.05 move up to 76.70 point with 2.41 percentage. Dr. Reddy total turnover is 15,554.09 lacs.

BPCL- BPCL opened at 729.85 and closed at 740.30 move up to 17.05 point with 2.35 percentage. BPCL total turnover is 17,533.41 lacs.

SBI- SBI opened at 2733.00 and closed at 2781.90 move up to 56.55 point with 2.08 percentage. SBI total turnover is 73,841.92 lacs.

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Nifty Closed Nearly At 8340, Sensex Climb 55 Point

In Wednesday, Nifty Sensex closed in positive value, After hits 8363 value Nifty closed today nearly at 8340. Nifty Closed at 8338.30 value move up to 14.15 point and Sensex closed at 27915.88 move up to 55.50 point. In 50 shares index, About 23 shares have advanced, 27 shares have declined, and zero shares have unchanged.

Another record-breaking day for the midcaps with the index going past the 10,000 level.

Top gainers is Axis Bank, HCL Technologies, BPCL, Dr. Reddy's, SBI, Sun Pharma.

Top losers is Jindal Steel, Cairn, Hindalco, SSLT, NMDC, Coal India, HDFC.

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