Post Market Round-up 22.04.2015
The market appeared confused today throughout the trading session as it traded with a positive bias by the end of the trading session. Nifty opened today at 8400, made a high of 8449, fell as low as 8284 and finally closed at 8438.15 (-0.72%). Its current support is at 8342 while its resistance is at 8860.
Among the sectors, the highest gainer today was CNX PHARMA (+1.2%) followed by CNX FINANCE(+0.91%), BANK NIFTY(+0.76%) and CNX FMCG(+0.54%).The highest losers today were CNX PSU BANK (-1.24%), CNX IT (-0.57%) and CNX ENERGY(-0.18%). The reason for the rise of the PHARMA sector was mostly due to the massive rise of DRREDDY (+2.95%). Its current support is at 3319 while its resistance is at 3649. The reason for the fall of the PSU BANK sector was mostly due to the massive fall in SBIN (-1.85%). Its current support is at 278 while its resistance is at 310.
Among the prominent stocks, the highest gainer today was HINDUNILVR(+4.19%) followed byACC(+4.13%),AXISBANK(+3.58%),LT(+3.58%), and HEROMOTOCO(+3.46%). The stocks which fell the most today were WIPRO(-5.93%),ONGC(-2.61%),CAIRN(-1.89%) and SBIN(-1.85%). HINDUNILVR was trading today with a high of 913 and a low of 875 to finally close at 909.7. Its current support is at 886 while resistance is at 970.
The market sentiment was positive today with 33 Advances and 16 Declines.