Nifty and Bank Nifty indices are volatile ahead of derivatives expiry

 

Stock Market Live: Nifty and Bank Nifty indices at 1.30 pm: The Indian market continues to trade in volatile ahead of month expiry. Currently, the Nifty and Bank Nifty indices are trading down by 0.60% and 1% at this hour. 

The Nifty50 index gaining stocks are ITC, Hero Motor Corp, and GAIL and the losing stocks are Bharti Infratel, Asian Paints, and Hindalco. 

On a sectoral basis, Capital Goods, FMCG, and Power are top sectors trading in the green. Whereas IT & Software, Infrastructure, and Telecom are trading in red

On the global front, Asian and European markets are trading in the red today. The traders are more worried about the surges of the coronavirus cases in the US, China, and India.

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Nifty &Bank Nifty indices in futures live recommendations

Nifty index futures live recommendations at 10.30

If Nifty share price in futures Moves Above 10284 and sustain. Then you should Buy with 1st Target of 10302 during the day with a Stop Loss of 10238 FOR the Target of 10302- 10322- 10340

If Nifty share price in futures Moves Below 10238 and sustain. Then you should Sell with 1st Target of 10222 during the day with a Stop Loss of 10284. FOR the Target of 10222- 10204- 10178

 

Bank Nifty index futures live recommendations at 10.30

If Bank Nifty share price in futures  Moves Above 21421 and sustain. Then you should Buy with 1st Target of 21485 during the day with a Stop Loss of  21150. FOR the Target of 21485 – 21550- 21740

If Bank Nifty share price in futures Moves Below 21150 and sustained. Then you should Sell with 1st Target of 21097 during the day with a Stop Loss of 21421. FOR the Target of 21097 – 21032- 20925

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Stock market Live at 10.10 am-Nifty & Bank Nifty indices:

Indian stock market made a gap down opening today as indicated by the global market. The Nifty futures has opened at 10196, gap down by 99.65 points. The Bank Nifty futures opened at 21174.90, it was made a negative opening of 225.7 points today. 

Bank Nifty fell below 21000 levels, low at 20906.40, and then recovered around 350 points from the low today. Currently, the Nifty and Bank Nifty indices in futures are trading down at 0.50% and 1.10% respectively at this time.

The top gainers in the Nifty50 index are Hero Motor Corp, GAIL, and ITC and the top loser at this hour are Bharti Infratel, Infosys, and Eicher Motors. Bajaj Finance, HDFC Bank, and Reliance are the most active stock.

Power, FMCG, Automobiles, and Metals & Mining are trading in the green whereas Banking & Finance, IT & Software, and Manufacturing are trading in the red.

 

You may also like to read, 10 Best Stock Market books to read while in lockdown

 

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Good morning and welcome to Stock Market Live: Nifty and Bank Nifty indices

 

Stock Market Live for 25th June at 8.25 am: Indian stock market indices Nifty and Bank Nifty took a pause after a four days rally yesterday. The Nifty futures closed at 10295.65 or 1.61% while the Bank Nifty futures closed at 21400.60 or 4.06%. The Bank Nifty was volatile and the markets fell sharply in the second half.

FIIs are continuously investing in the cash market. Yesterday FIIs bought Rs 1766.9 crores and DIIs sold Rs 1524.9 crores in the cash market.

Yesterday, the India Ratings & Research has said that India’s GDP could contract 5.3% for FY20-21 due to coronavirus impact. On the other hand, the IMF predicts India’s economy to contract by 4.5% in FY21

On the global front, Yesterday the US markets were closed in the negative. The Dow plunged 2.72% and Nasdaq was down 2.19%. The European markets were also closed in deep red, CAC was down 2.92% whereas FTSE and DAX were declined by 3.11% and 3.43% respectively.

 

Stock Market Live Today

Today, the Asian markets are trading more than 1% down. SGX Nifty is showing negative indication, it’s down 138 points or 1.34% at this time. Nikkei is trading 1.33% down whereas Straits Times is trading 1.37% down at this hour.

Today Q4 results:  Apollo Hospitals Enterprises, Ashok Layland, Container Corporations are few of them.

The market will remain volatile today due to the monthly expiry. Traders can visit this page at 10.30 am for Nifty and Bank Nifty indices in futures live recommendations.

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