Post Market Round-up 25.05.2015
The market had a negative day today and throughout the trading session it traded with a negative bias. Nifty opened today at 8422.5, made a high of 84441.95, fell as low as 8364 and finally closed at 8402 (-0.56%). Its current support is at 8000 while its resistance is at 8800.
Among the sectors, the only gainer today was CNX MEDIA (+0.01%). The highest losers today were CNX FMCG (-1.95%), CNX METAL (-1.65%) and CNX PSU BANK (-1.04%). The reason for the fall of the CNX FMCG sector was mostly due to the fall in ITC (-3.84%). Its current support is at 316 while its resistance is at 378.
Among the prominent stocks, the highest gainer today was ONGC (+5.46%) followed by BANKBARODA (+1.67%), HCLTECH (+1.47%), BPCL (+1.3%), and POWERGRID (+1.28%). The stocks which fell the most today were TECHM (-5.46%), AMBUJACEM (-3.97%), ITC (-3.84%) and VEDL (-3.03%). ONGC was trading today with a high of 330.75 and a low of 323.20 to finally closed at 328.55. Its current support is at 307.18. while resistance is at 348.13.
The market sentiment was negative today with 13 Advance and 36 Declines and 1 unchanged.
That’s a smart way of thkniing about it.