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Sensex closed points up at while Nifty settled points up at 8,204. Nifty ended the day in green after Union Cabinet approved 7th Pay Commission recommendations amid firm global cues. DLF stock jumped nearly 10 per cent intraday on Wednesday after reports that chairman KP Singh and his family will infuse Rs 10,000 crore in an effort to make the real estate company debt free. Mid-cap Index is trading up 0.93% at 11,566 whereas BSE Small-cap Index is trading up 1.21% at 11,680. Technical views: Nifty future closed at on Wednesday. Next logical targets for nifty would be and breaching of 8000 would force nifty to see levels of whereas the will act as very strong resistance levels, if once it go to 8250 then there will higher probability for nifty to touch levels.
Bank nifty open flat in the morning trading session on Wednesday And shown consolidated pattern in the full trading hour’s levels.Bank nifty showing consolidation phase on daily chart,bank nifty may be trade in the range of above the new level may be seen. ICICI BANK (1.50%) and KOTAK MAHI. BANK (+1.28%) is the top gainers in bank nifty future. Technical views: Bank nifty Open Flat at , to its previous closing on Wednesday and touched high of Bank nifty technically trade near the level,bank nifty level toward downside would be ,if its trade above then new level will be expected.
The Indian rupee opened higher by 17 paise at per dollar on Wednesday versus previous close Positive cues from global equity market will govern today's move in the rupee and it is likely to appreciate for the day. The USD-INR pair to trade in the range of /dollar today. USDINR STRATEGY R R Pivot Point S S
Asian markets finished broadly higher today with shares in Japan leading the region. The Nikkei 225 is up 1.59% while Hong Kong's Hang Seng is up 1.31% and China's Shanghai Composite is up 0.65%.
Asian markets finished mixed as of the most recent closing prices. The Nikkei 225 gained 2.39% and the Shanghai Composite rose 1.45%. The Hang Seng lost 0.21%.
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