Opening Bell -
07 Sep 2010The Indian market is expected to open positive on the back of strong opening among Asian peers and positive closing in the US and European markets. The Indian market rose sharply to its highest level, as strong global cues, continued buying by foreign funds and a good monsoon, thus far this year boosted sentiments. Metals, banking, oil & gas and auto stocks saw some solid gains. The Sensex ended up 339 points or 1.86% at 18,560 while the Nifty rose by 98 points or 1.78% to 5,577. The Sensex should find supports at 18510 and 18420 and resistances at 18600 and 18660. The Nifty has supports at 5550 and 5530 and resistances at 5590 and 5630.
More Daily derivatives -
07 Sep 2010The Nifty opened positive and traded with a positive bias throughout the session and finally closed 98 points positive at 5577 .VIX closed at an all-time low of 15.22 (down 4.04%)
FIIs were net buyers in the cash segment, index futures and stock futures segment to the tune of Rs 946 crore, Rs 820 crore and Rs 647 crore, respectively
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