Kal Ki Baat Aaj, Imporant Levels and Technical Analysis of Nifty BankNifty For 6th Jan Episode No 290
Stock Market Highlights
On Wednesday, the BSE and National Stock Exchange (NSE) benchmark equity indices closes in green continuing its soar higher.
Top Gainer of the day on the Nifty100 were Bajaj Finserv, Bajaj Finance, Kotak Mahindra Bank JSW Steel among this HPCL was the top gainer of the day with 5.51% gain.
Top loser of the day on the Nifty100 were Interglobe Aviation, Tech Mahindra, Infosys, Indraprastha Gas among this L&T InfoTech was the top loser of the day with 3.34% loss.
Market Indexes/India
| Index | NIFTY 50 | SENSEX | NIFTY BANK |
| Open | 17,820.10 | 59,921.98 | 36,943.55 |
| Precious Close | 17,820.10 | 59,855.93 | 36,840.15 |
| Today’s High | 17,944.70 | 60,332.72 | 37,862.40 |
| Today’s Low | 17,748.85 | 59,661.38 | 36,756.35 |
| 52 Week High | 18,604.45 | 62,245.43 | 41,829.60 |
| 52 Week Low | 13,596.75 | 46,160.46 | 29,687.70 |
| Index | NIFTY IT | S&P BSE Small cap |
| Open | 39,261.55 | 29,967.08 |
| Precious Close | 39,370.70 | 29,925.67 |
| Today’s High | 39,293.15 | 29,994.31 |
| Today’s Low | 38,409.25 | 29,764.12 |
| 52 Week High | 39,446.70 | 30,416.82 |
| 52 Week Low | 24,212.80 | 17,882.62 |
Nifty future levels in advance EP-290, last closed at 17,960.
As we all know market is unpredictable, so to give a clear picture we have divided the whole article in certain cases.
Resistance: 18,056_18,147 will act as our resistance zone.
Support: 17,927 will act as support. If it breaks will slide up to 17,747_17,670.
Bank Nifty future level in advance EP-290, last closed at 37,777.
Resistance: 38,156_38,430 will act as our Resistance zone.
Support: 37,670 will act as our support. If it breaks will slide up to 37,256_36,870.
Data of FIIs & DIIs
In the Indian Equity Share Market, The available provisional data of the National Stock Exchange (NSE).
Share worth Rs. 336.83 Crore were Net sold by Foreign Institutional Investors (FIIs), whereas shares worth Rs. 1,271.95 Crore was the net bought by Domestic Institutional Investors (DIIs) on January 05.
US Markets
On Wednesday, NASDAQ plunging more than 3% in its biggest one day percentage drop since February and US stocks also fell sharply, after U.S. Federal Reserve meeting minutes signalled the central bank may raise interest sooner.
36,407.11 to 1.07% or 392.54 points, the Dow Jones Industries Average moved down, whereas the Nasdaq Composite lost 3.34% to 15,100.17 or 522.54 points and S&P 500 fell 1.94% to 4,700.58 or 92.96 points.
Asian Markets
On Thursday, Asia-Pacific market were declined trade following losses overnight which saw the first decline of 2022 in The Dow Jones Industrial Average.
Nikkei 225 moved down by 1.56%, Topix index low by 1.02%.
Market Indexes/Global
| Index | NASDAQ | FTSE | DAX | CAC |
| Open | 15,547.16 | 7,505.15 | 16,177.44 | 7,320.48 |
| Precious Close | 15,622.72 | 7,505.15 | 16,152.61 | 7,317.41 |
| Intraday High | 15,586.30 | 7,529.97 | 16,285.35 | 7,317.41 |
| Intraday Low | 15,095.18 | 7,484.28 | 16,161.72 | 7,313.53 |
| 52 Week High | 16,212.23 | 7,529.97 | 16,290.19 | 7,384.86 |
| 52 Week Low | 12,397.05 | 6,397.24 | 13,310.42 | 5,379.22 |
Disclaimer
Financial markets are volatile in nature and are subject to market risks. Please Note Neither Harinder Sahu / King Research or employees or associates will not be liable in any manner for the consequences of such action taken by you. This is only for educational purposes and not provide any advice/tips on investment or recommend buying and selling any stock. We neither take guarantee of profit nor stand responsible for any losses of any recipient. The recipients of this material should take their own professional advice before acting on this information the recipient is advice to read the information carefully before any investment.
