Stock Market Highlights
On the BSE and National Stock Exchange (NSE) the benchmark equity indices closes high in green on Tuesday. On the other hand Nifty PSU Bank was the top gainer with more than 3% high and on the other hand Nifty Consumer Durables index gain with nearly 3% with all the sectoral indices ended in the green.
In Sector Indices on Sensex & Nifty
Top Gainer of the day on the BSE were Titan Company, Bajaj-Auto, Bajaj Finserv, State Bank of India (SBI), Nestle India, ITC, Axis Bank, Tata Steel, RIL, HUL.
Top loser of the day on the BSE were HCL Tech, Tech Mahindra, UltraTech Cement, Tata Consultancy Services (TCS), Mahindra & Mahindra, Bharti Airtel, ICICI Bank and Infosys.
|Index||NIFTY 50||SENSEX||NIFTY BANK|
|52 Week High||18,041.95||60,476.13||38,609.60|
|52 Week Low||11,535.45||39,241.87||22,970.95|
|Index||NIFTY IT||S&P BSE Small cap|
|52 Week High||37,823.15||29,691.91|
|52 Week Low||20,548.30||14,589.98|
Yesterday, Nifty closed at 18,008.
As we all know market is unpredictable, so to give a clear picture we have divided the whole article in certain cases.
Case 1: If market have to boom upward then it is sure have to cross our Laxman Rekha 18,147_18,170 level, if it crossed our Laxman Rekha then market will zoom to kiss 18,370_18,430 and once it crossed this level there will be more fire work up to 18,670_18,770.
Case2: Keep an eye upon 17,870_17830 will act as our Crucial support, here any decline or panic we suggest you to only buying with strict stop loss with the upside Hurdle of 18,070. This week it will zoom to kiss 18,147_18,170.
Yesterday, Bank Nifty closed at 38,362.
Case 1: 38,430_38,970 will act as strong support, 38,430, no worry at all now Nifty is moving towards 40,356_40,770.
Case 2: If you see any panic or decline near our support here we suggest you to only buy and sit relax. It will zoom to kiss 39,256_39470. For Lion heart Trader only.
Data of FIIs & DIIs
In the Indian Equity Share Market, The available provisional data of the National Stock Exchange (NSE).
Share worth Rs. 278.32 Crore were Net sold by Foreign Institutional Investors (FIIs), whereas shares worth Rs. 741.22 Crore was the net sold by Domestic Institutional Investors (DIIs) on October 12.
On Tuesday, US stocks ended Lower, Investor grew jittery in the run up to 3re quarter earnings by which extending losses by the investors, were there is a jump in the Tesla share which helped to support the market.
0.34% to 34,378.34 points or 117.72 points lower, the Dow Jones Industries Average lower down; whereas the Nasdaq Composite dipped 0.14% to 14,456.93 or 20.28 points and S&P 500 fell 0.24% to 4,350.65 or 10.54 points down.
Asia-pacific market were trading lower were mixed, were Kospi and Straits Times gaining 1% each and Taiwan Weighted and Shanghai Composite are flat.
|52 Week High||15,403.44||7,224.46||16,030.33||6,913.67|
|52 Week Low||10,822.57||5,525.52||11,450.08||4,512.57|
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