- Sensex up by 0.57%@19476.00pts;Nifty up by 0.56%@5929.60pts.
- European majors CAC, DAX & FTSE up by 0. 47%, 0.33% & 0.62% resp.
- Nasdaq was up 1.46% while Dow Jones Industrial Avg. was up 0.87%.
Sensex closed up 111.25pts@19476.00;Nifty closed up 32.80pts@5929.60. The Market rose for a second consecutive session on Wednesday led by IT stocks after recent losses were seen as overdone and on hopes a resolution to the "U.S. cliff" standoff would improve the outlook for a key export market.TCS rose 1.8 %, & Infosys up 1.2 %.
Nifty Trends
Trend: - Consolidate
Resistance: - 5970, 6040
Support: -5880, 5820
Strategy: - Buy On Dips
Bank Nifty Trends
Trend: - Consolidate
Resistance: -12750, 12900
Support: -12360, 12150
Strategy: - Buy On Dips
FILL THE FREE TRIALS FORM FOR GETTING PREMIUM TIPS ON THE LEFT HAND SIDE OF THE BLOG
OR CALL 09200009266