Post Market Round-up 11.05.2015
The market opened positive today on positive global cues of Interest Rate cut in China and also other positive news from the US and throughout the trading session it traded with a very positive bias. Nifty opened today at 8243.2, made a high of 8332.75, fell as low as 8224.65 and finally closed at 8319.35 (-1.56%). Its current support is at 8050 while its resistance is at 8620.
Among the sectors, the highest gainers today were CNX PSU BANK (+5.96%) and CNX METAL (+2.73%). The only loser today was CNX FMCG (-0.40%). The reason for the massive rise of the PSU BANK sector was mostly due to the rise in BANK OF BARODA (+16.82%). Its current support is at 143.87 while its resistance is at 181.65
Among the prominent stocks, the highest gainer today was BANKBARODA (+16.82%) followed by VEDL (+5.23%), SBIN (+5.17%), ULTRACEMCO (+4.63%), and HEROMOTOCO (+3.88%). The stocks which fell the most today were HINDUNILEVR (-3.55%) and ITC (-0.61%). BANKBARODA was trading today with a high of 171 and a low of 143.80 to finally closed at 169.70.
The market sentiment was positive today with 48 Advance and 2 Declines.