11.38 AM: Nifty flat, Sensex up 100 pts; Infra, PSU banks under pressure ahead of RBI board meet outcome
Benchmark indices are trading firm buy off day's high with Nifty holding just above 10,700 level and Sensex is up 100 points. The Sensex is up 104.60 points at 35,561.76, while Nifty up 20.80 points at 10703. About 1115 shares have advanced, 1055 shares declined, and 127 shares are unchanged. Yes Bank, Tata Motors, Vedanta, Sun Pharma and ITC are the top gainers on the Sensex.
10.07 AM: Sensex off highs, Nifty continues to hold 10,700; RBI Board meet begins
Yes Bank surges 6% Shares of Yes Bank are higher by 6 percent after ratings agency ICRA affirmed long term rating of AA+ for the bank with negative implications. Equity benchmarks were higher on Monday morning, with Sensex rising over 100 points. The Nifty held 10,700. The Sensex is up 106.39 points or 0.30% at 35563.55, while the Nifty was higher by 21.80 points or 0.20% at 10704.00. The market breadth was narrow as 899 shares advanced, against a decline of 712 shares, while 80 shares unchanged.
9:23 AM: Sensex gains 150 points, Nifty above 10,700; Jet Airways down 10%
Equity benchmarks have opened higher on Monday with Nifty is well above 10,700 mark, while Sensex also gained more than 150 points. At 09:16 hrs, the Sensex is up 160.65 points at 35,617.81, while Nifty is up 40.60 points at 10722.80. About 536 shares have advanced, 231 shares declined, and 44 shares are unchanged. Jet Airways down 10 percent, Bharti Airtel is down 2 percent, Siemens is down 4 percent, HPCL, IOC, ICICI Bank, Axis Bank are among major losers. Tata Investment gained 7 percent.
BANKNIFTY Future View 19th Nov 2018
BANKNIFTY Future Friday Close: 26253.9 Pivot Point= 26244 Today BANKNIFTY Future is facing Resistance of 26340 & 26430. If cross 26620 with volume will see more strength till 26810. But Stay caution at higher levels. Today BANKNIFTY Future can be considered as major Support at 26155 & 26055. If not sustain 25866 then will see more down fall till 25680. Don’t short at lower levels.
Nifty Future View 19th Nov 2018
NIFTY Future Friday Close: 10687.25 Pivot Point= 10677 Today NIFTY Future is facing Resistance of 10720 & 10750. If cross above 10825 and hold above the level with volume will see more strength 10900. But Stay caution at higher levels. Today NIFTY Future can be Considered as Support at 10645 & 10605. If not sustain 10531 then will see more down fall till 10460. Don’t short at lower levels.