Ahead of RBI meeting and GDP Growth figures announcement, Nifty traded in narrow range with volatility. Nifty opened in gape up and closed at 7935. Turnover in cash segment in NSE was surged to 29,500 crore INR against 16,200 crore INR on friday.
Disclaimer :-
This blog is for sharing information regarding the equity market. Writer of blog may have position in equity and derivative market as per his own risk profile and market condition. Readers of this blog page are requested to consult their financial adviser before acting on the information provided here.Writer may have discussed similar thing with friends in group.
Written Date :- 30.11.2015 Monday 22:25 hours IST
Throughout November'2015, FII's relentlessly sold equity in Indian stock Market, which was accelerated in today's session. FII's net sell was 1000 crore INR (friday's net sale of Rs 500 Crore INR). Throughout, November'2015, DII's were net buyers in equity. In today's session also DII's net buying in equity was 600 Crore INR
NSE, USD -INR future closed slightly below 67. INFOSYS (INFY) gained 2% and closed above its 200D SMA & 20D SMA with volume. Next Logical price target for stock is 1115 ( 50 Day SMA) with a support at 1070. Rcom also had a volatile session and after touching intra day high at 78.30, stock price closed 2% higher at 75.60 with volume. Bosch tried to come out of 17000-19000 range but after making intraday high of 19075, it finally closed 0.75% down at 18721. Pharma stocks had mixed session. Wockhard and Glenmark pharma closed with handsome gain whereas SUNPHARMA could maintain its 730 level and DRREDDY closed flat at 3110. Rate sensitive - Auto and Banking sector stocks had volatile session. but closed with slight positive bias. Future retail, RattanIndia Power, Welspun corp closed on handsome gain.
Tomorrow's market session will be driven by today's GDP figure and RBI's action.
India VIX closed in RED and ADR is more than 1, indicates internal strength in stock market.
NSE, USD -INR future closed slightly below 67. INFOSYS (INFY) gained 2% and closed above its 200D SMA & 20D SMA with volume. Next Logical price target for stock is 1115 ( 50 Day SMA) with a support at 1070. Rcom also had a volatile session and after touching intra day high at 78.30, stock price closed 2% higher at 75.60 with volume. Bosch tried to come out of 17000-19000 range but after making intraday high of 19075, it finally closed 0.75% down at 18721. Pharma stocks had mixed session. Wockhard and Glenmark pharma closed with handsome gain whereas SUNPHARMA could maintain its 730 level and DRREDDY closed flat at 3110. Rate sensitive - Auto and Banking sector stocks had volatile session. but closed with slight positive bias. Future retail, RattanIndia Power, Welspun corp closed on handsome gain.
Tomorrow's market session will be driven by today's GDP figure and RBI's action.
India VIX closed in RED and ADR is more than 1, indicates internal strength in stock market.
Disclaimer :-
This blog is for sharing information regarding the equity market. Writer of blog may have position in equity and derivative market as per his own risk profile and market condition. Readers of this blog page are requested to consult their financial adviser before acting on the information provided here.Writer may have discussed similar thing with friends in group.
Written Date :- 30.11.2015 Monday 22:25 hours IST
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