Nifty’s Post Market Round-up 28.04.2015
The market opened positive today and throughout the trading session it traded with a negative bias but in the end it surprised with a close higher than the previous day. Nifty opened today at 8215, made a high of 8308, fell as low as 8185 and finally closed at 8265 (0.62%). After a series of down days, today was finally a positive day. Its current support is at 8179 while its resistance is at 8863.
Among the sectors, the highest gainer today was BANK NIFTY (+2.69%) followed by CNX AUTO(+2.42%) and CNX FINANCE (+2.42%). The highest losers today were CNX FMCG(-0.93%), CNX IT(-0.41%) and CNX MEDIA (-0.16%). The reason for the rise of the BANK NIFTY sector was mostly due to the massive rise of ICICIBANK (+7.72%). Its current support is at 307 while its resistance is at 363. The reason for the fall of the CNX FMCG sector was mostly due to the massive fall in ITC (-2.71%). Its current support is at 316 while its resistance is at 378.
Among the prominent stocks, the highest gainer today was ICICIBANK(+7.72%) followed by IDEA(+5.57%), MARUTI(+4.98%), BPCL(+3.58%), and TECHM(+3.39%). The stocks which fell the most today were ITC(-2.71%), HCLTECH(-1.95%), COALINDIA(-1.5%) and RELIANCE(-1.42%). IDEA was trading today with a high of 196 and a low of 184 to finally close at 196. Its current support is at 173 while resistance is at 202.
The market sentiment was positive today with 30 Advances and 20 Declines.
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