Indian market view: Nifty and Bank Nifty trading view
Indian Market Today: Nifty and Bank Nifty futures live trading view
Nifty futures live trading view at 10.25 a.m
If Nifty futures Moves Above 10811 and sustain. Then you should Buy with 1st Target of 10828 during the day with a Stop Loss of 10749 FOR the Target of 10828- 10854- 10884
If Nifty futures Moves Below 10749 and sustain. Then you should Sell with 1st Target of 10725 during the day with a Stop Loss of 10811. FOR the Target of 10725- 10708- 10690
Bank Nifty futures live trading view at 10.30 a.m
If Bank Nifty futures Moves Above 21832 and sustain. Then you should Buy with 1st Target of 21940 during the day with a Stop Loss of 21690. FOR the Target of 21940 – 22020- 22080
If Bank Nifty futures Moves Below 21690 and sustained. Then you should Sell with 1st Target of 21640 during the day with a Stop Loss of 21955. FOR the Target of 21640 – 21550- 21445
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Indian Market View: Market is trading in a positive note
Indian market opened in a positive note as per SGX Nifty indication in the morning. The Nifty futures opened at 10751.30 a gap up of 37.45 points. The Bank Nifty futures opened at 21459.45 a gap down of 111.85 points from yesterday’s close.
The Nifty and Bank Nifty futures are currently trading higher at 0.70% and 0.80% respectively.
Bharti Infratel, Tata Steel, and ONGC are trading as top gainers whereas Infosys, TCS, and Wipro are trading as top losers at 10 a.m today. HCL Tech, Bajaj Finance, and Reliance are trading as the most active stock. HCL Tech is trading at 2% higher ahead of the Q1FY21 result today.
Metals, Automobile, Banking & Finance sectors are trading as top gainers while profit booking in IT & software, Retail are seen at 10 a.m
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Indian Market View: Market is expected to open in positive today
Good morning and welcome to Indian stock market view for 17th July
Indian market view for 17th July at 8.35 a.m – Indian markets are expected to open in the green as per the indication of SGX Nifty. Most of the Asian markets are trading in positive today. Nikkei is trading flat whereas Hang Seng is up by 0.79%. SGX Nifty is also trading 72 points or 0.67% higher, giving us a signal of positive opening.
On 16th July, profit booking was seen in the US markets. Dow was closed negative by 0.50% and Nasdaq was down by 0.73%. The European markets were also closed half a percent yesterday.
Back home in Indian markets, Nifty future gained 0.80% and closed at 10713.85 and Bank Nifty future was up more than 1% and closed at 21571.30 check out yesterday’s market updates. FIIs are continuously selling in the cash market, they sold Rs 1091.08 cr yesterday. The DIIs were buyers on 16th July, bought Rs 1659.91 cr in the cash market yesterday.
News that can influence the Indian market today
The fear of losing the demand for crude oil due to the second wave of coronavirus in the US and other parts of the world has become ease. The crude oil price is now steady after OPEC+ agreed to trim record supply cuts of 9.7 million barrels per day.
ICRA, the domestic rating agency has revised its earlier forecast of India’s GDP. It has said that India’s GDP for FY21 to contract to 9.5% from 5% as expected earlier. This is due to the extension of lockdown in some states which have affected the recovery seen in May and June.
Result for today: HCL Technologies, Britannia Industries, ICICI Lombard, Granules India etc.
You can visit this page at 10 am for more Indian stock market views and Nifty and Bank Nifty futures trading views.
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