Nifty Report

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 12056.50 +32 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.52%, while the BSE Sensex 30 index gained 0.42%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd, which rose 6.86% or 11.10 points to trade at 173.35 at the close. Yes Bank Ltd added 5.84% or 2.50 points to end at 45.35 and Vedanta Ltd was up 3.72% or 5.15 points to 144.00 in late trade.

Biggest losers included Infosys Ltd, which lost 2.63% or 18.95 points to trade at 702.10 in late trade. Oil And Natural Gas Corporation Ltd declined 1.56% or 2.00 points to end at 125.90 and HCL Technologies Ltd shed 1.43% or 7.80 points to 536.35.

The breadth, indicating the overall health of the market, 1312 rose and 1005 declined, while 164 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.14% to 70.800.

Technical outlook

Nifty daily chart has formed "Rising channel" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12010. The upside rally could be testing all the way up to 12150 level in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11800 level. Key support holds at 11800.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 12000 +51 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.45%, while the BSE Sensex 30 index climbed 0.43%.

The biggest gainers of the session on the Nifty 50 were GAIL Ltd, which rose 5.31% or 5.90 points to trade at 117.30 at the close. Zee Entertainment Enterprises Ltd. added 4.85% or 13.15 points to end at 283.45 and NTPC Ltd was up 2.86% or 3.15 points to 113.00 in late trade.

Biggest losers included Yes Bank Ltd, which lost 13.85% or 7.00 points to trade at 42.80 in late trade. Vedanta Ltd declined 1.28% or 1.80 points to end at 138.50 and Hero MotoCorp Ltd shed 1.85% or 43.00 points to 2296.30.

The breadth, indicating the overall health of the market, 1414 fell and 957 advanced, while 173 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.13% to 70.892.

Technical outlook

Nifty daily chart has formed "Rising channel" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, testing all the way up to 12150 level in upcoming sessions. Alternatively, if the market breaks below a key support holding at 11850 then it might turn bearish once again. The downside rally could test up to 11650 level. Key resistance holds at 12150.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11911.50 +4.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.68%, while the BSE Sensex 30 index declined 0.61%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd., which rose 1.01% or 212.85 points to trade at 21259.20 at the close. Cipla Ltd. added 1.09% or 4.90 points to end at 453.05 and Bajaj Finance Ltd was up 1.26% or 49.65 points to 3986.85 in late trade.

Biggest losers included Yes Bank Ltd, which lost 10.40% or 5.85 points to trade at 50.55 in late trade. Zee Entertainment Enterprises Ltd. declined 5.10% or 14.50 points to end at 270.95 and GAIL Ltd shed 4.39% or 5.10 points to 111.05.

The breadth, indicating the overall health of the market, 1644 fell and 772 advanced, while 155 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.08% to 70.900.

Technical outlook

Nifty daily chart has formed "Rising channel" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11820. The downside rally could be testing all the way up to 11680-11500 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 12150 level. Key resistance holds at 12150.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11975 +10.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.13%, while the BSE Sensex 30 index gained 0.10%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd., which rose 2.20% or 10.75 points to trade at 499.65 at the close. Housing Development Finance Corporation Ltd added 1.91% or 43.35 points to end at 2311.40 and Adani Port and Special Economic Zone Ltd was up 1.98% or 7.25 points to 373.60 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 2.99% or 63.60 points to trade at 2060.45 in late trade. Cipla Ltd. declined 1.31% or 5.95 points to end at 447.90 and HCL Technologies Ltd shed 1.62% or 9.05 points to 552.05.

The breadth, indicating the overall health of the market, 1397 fell and 999 advanced, while 161 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.33% to 71.032.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11880. The downside rally could be testing all the way up to 11700-11600 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 12150 level. Key resistance holds at 12150.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11951.50 -3 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.81%, while the BSE Sensex 30 index declined 0.82%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 5.26% or 12.95 points to trade at 259.70 at the close. Kotak Mahindra Bank Ltd. added 1.63% or 26.95 points to end at 1674.30 and JSW Steel Ltd was up 0.74% or 1.85 points to 254.10 in late trade.

Biggest losers included Yes Bank Ltd, which lost 10.47% or 6.50 points to trade at 56.00 in late trade. State Bank of India declined 5.35% or 18.00 points to end at 320.00 and Zee Entertainment Enterprises Ltd. shed 4.62% or 13.85 points to 287.70.

The breadth, indicating the overall health of the market, 1567 fell and 835 advanced, while 169 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.13% to 71.321.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11880. The downside rally could be testing all the way up to 11700-11600 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 12150 level. Key resistance holds at 12150.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 12069.50 +25.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.21%, while the BSE Sensex 30 index declined 0.17%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 6.18% or 17.40 points to trade at 300.05 at the close. Tata Consultancy Services Ltd. added 2.01% or 41.70 points to end at 2121.30 and ITC Ltd was up 1.58% or 3.85 points to 246.95 in late trade.

Biggest losers included JSW Steel Ltd, which lost 3.52% or 9.15 points to trade at 251.45 in late trade. Coal India Ltd declined 3.38% or 6.85 points to end at 196.40 and Bharti Airtel Ltd. shed 2.65% or 12.25 points to 447.35.

The breadth, indicating the overall health of the market, 1295 fell and 1076 advanced, while 177 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was 0.14% to 71.370.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11800 level in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 12080 then it might turn bullish once again. The upside rally could test up to 12200 level. Key support holds at 11800.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 12067.50 -27 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.41%, while the BSE Sensex 30 index added 0.43%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd, which rose 7.02% or 11.10 points to trade at 169.40 at the close. Yes Bank Ltd added 5.88% or 3.50 points to end at 63.00 and ICICI Bank Ltd was up 3.82% or 19.45 points to 529.25 in late trade.

Biggest losers included Larsen & Toubro Ltd, which lost 2.26% or 29.70 points to trade at 1285.10 in late trade. Reliance Industries Ltd declined 1.55% or 24.40 points to end at 1552.70 and Coal India Ltd shed 1.51% or 3.10 points to 202.75.

The breadth, indicating the overall health of the market, 1192 rose and 1166 declined, while 188 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.24% to 71.556.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12080. The upside rally could be testing all the way up to 12200 level in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11800 level. Key support holds at 11800.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 12018 -33 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.45%, while the BSE Sensex 30 index declined 0.31%.

The biggest gainers of the session on the Nifty 50 were Bajaj Auto Ltd, which rose 3.13% or 98.75 points to trade at 3259.75 at the close. Bajaj Finserv Ltd added 1.70% or 151.70 points to end at 9089.75 and Tata Consultancy Services Ltd. was up 1.58% or 31.90 points to 2051.00 in late trade.

Biggest losers included Yes Bank Ltd, which lost 7.57% or 4.85 points to trade at 59.50 in late trade. Bharti Infratel Ltd declined 6.42% or 17.05 points to end at 248.45 and Tata Steel Ltd shed 5.20% or 21.90 points to 399.65.

The breadth, indicating the overall health of the market, 1521 fell and 838 advanced, while 187 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.14% to 71.718.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11950. The downside rally could be testing all the way up to 11800-11700 level in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 12150 and furthermore levels. Key resistance holds at 12150.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 12078.50 -13 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.07%, while the BSE Sensex 30 index climbed 0.02%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 4.12% or 18.25 points to trade at 458.60 at the close. JSW Steel Ltd added 2.58% or 6.75 points to end at 268.30 and Grasim Industries Ltd was up 2.28% or 17.95 points to 807.25 in late trade.

Biggest losers included Yes Bank Ltd, which lost 6.22% or 4.25 points to trade at 64.05 in late trade. Eicher Motors Ltd. declined 5.20% or 1190.40 points to end at 21713.10 and Bharti Infratel Ltd shed 3.17% or 8.75 points to 265.50.

The breadth, indicating the overall health of the market, 1437 fell and 997 advanced, while 174 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.15% to 71.640.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 12000. The downside rally could be testing all the way up to 11800 level in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 12150 and furthermore levels. Key resistance holds at 12150.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 12089 -12 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.78%, while the BSE Sensex 30 index fell 0.82%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 6.70% or 17.20 points to trade at 276.30 at the close. Adani Port and Special Economic Zone Ltd added 2.25% or 8.40 points to end at 382.05 and Bharti Airtel Ltd. was up 1.12% or 4.90 points to 442.45 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 7.88% or 24.50 points to trade at 293.05 in late trade. Yes Bank Ltd declined 2.21% or 1.55 points to end at 68.30 and Hindustan Unilever Ltd. shed 2.55% or 53.15 points to 2035.30.

The breadth, indicating the overall health of the market, 1262 fell and 1179 advanced, while 171 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.34% to 71.745.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 12000. The downside rally could be testing all the way up to 11800 level in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 12150 and furthermore levels. Key resistance holds at 12150.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 12167 -19 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.42% to hit a new all-time high, while the BSE Sensex 30 index added 0.27%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 14.18% or 31.95 points to trade at 256.60 at the close. UPL Ltd added 5.46% or 30.15 points to end at 579.90 and JSW Steel Ltd was up 4.17% or 10.55 points to 263.95 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 2.50% or 8.00 points to trade at 311.00 in late trade. Hero MotoCorp Ltd declined 2.11% or 53.25 points to end at 2466.30 and Housing Development Finance Corporation Ltd shed 1.22% or 28.40 points to 2309.75.

The breadth, indicating the overall health of the market, 1214 rose and 1154 declined, while 181 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.50% to 71.608.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12180. The upside rally could be testing all the way up to 12350 level in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11900 level. Key support holds at 11900.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 12105.50 -19.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.52% to hit a new all-time high, while the BSE Sensex 30 index gained 0.49%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 8.31% or 5.25 points to trade at 68.25 at the close. UltraTech Cement Ltd added 3.09% or 127.15 points to end at 4234.65 and State Bank of India was up 2.86% or 9.60 points to 343.55 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 3.20% or 7.45 points to trade at 225.30 in late trade. Cipla Ltd. declined 2.20% or 10.55 points to end at 468.00 and Larsen & Toubro Ltd shed 1.75% or 23.90 points to 1335.50.

The breadth, indicating the overall health of the market, 1238 fell and 1163 advanced, while 196 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.13% to 71.375.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12140. The upside rally could be testing all the way up to 12300 level in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11800 level. Key support holds at 11800.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 12085 -2.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.30%, while the BSE Sensex 30 index declined 0.17%.

The biggest gainers of the session on the Nifty 50 were ICICI Bank Ltd, which rose 3.05% or 15.20 points to trade at 510.70 at the close. GAIL Ltd added 2.46% or 3.00 points to end at 125.00 and Dr. Reddy’s Laboratories Ltd was up 1.86% or 54.35 points to 2965.85 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 7.34% or 25.25 points to trade at 319.70 in late trade. Bharti Infratel Ltd declined 6.52% or 16.30 points to end at 232.65 and Bharti Airtel Ltd. shed 4.03% or 18.20 points to 432.35.

The breadth, indicating the overall health of the market, 1350 fell and 1056 advanced, while 166 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.14% to 71.588.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11800 level in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 12100 then it might turn bullish once again. The upside rally could test up to 12220 level. Key support holds at 11800.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 12122.50 +15.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 1.34% to hit a new 3-month high, while the BSE Sensex 30 index gained 1.31%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 7.37% or 17.10 points to trade at 250.15 at the close. Bharti Airtel Ltd. added 8.13% or 34.20 points to end at 451.40 and Tata Steel Ltd was up 5.25% or 21.00 points to 419.50 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 5.33% or 19.10 points to trade at 343.80 in late trade. Oil and Natural Gas Corporation Ltd declined 2.28% or 3.05 points to end at 130.95 and Yes Bank Ltd shed 1.39% or 0.90 points to 63.75.

The breadth, indicating the overall health of the market, 1340 rose and 1045 declined, while 189 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.10% to 71.715.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12100. The upside rally could be testing all the way up to 12240 level in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11900 level. Key support holds at 11900.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11932.50 +14 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.45%, while the BSE Sensex 30 index declined 0.53%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd, which rose 4.22% or 16.25 points to trade at 400.00 at the close. Zee Entertainment Enterprises Ltd. added 3.13% or 10.80 points to end at 358.10 and Eicher Motors Ltd. was up 4.08% or 895.40 points to 22753.20 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 4.07% or 9.85 points to trade at 232.00 in late trade. Infosys Ltd declined 2.85% or 20.30 points to end at 693.20 and Asian Paints Ltd. shed 2.18% or 37.55 points to 1682.75.

The breadth, indicating the overall health of the market, 1262 fell and 1175 advanced, while 174 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.02% to 71.755.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11880. The downside rally could be testing all the way up to 11750-11600 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 12040 level. Key resistance holds at 12040.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11972.50 -4.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.26%, while the BSE Sensex 30 index lost 0.19%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 11.73% or 36.00 points to trade at 345.15 at the close. Eicher Motors Ltd. added 2.09% or 450.20 points to end at 21954.60 and Adani Port and Special Economic Zone Ltd was up 1.39% or 5.10 points to 372.10 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd., which lost 5.97% or 32.50 points to trade at 514.10 in late trade. Tata Steel Ltd declined 3.25% or 12.95 points to end at 385.10 and Coal India Ltd shed 3.37% or 6.85 points to 196.60.

The breadth, indicating the overall health of the market, 1382 fell and 1048 advanced, while 189 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.07% to 71.790.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11800 level in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 12040 then it might turn bullish once again. The upside rally could test up to 12200 level. Key support holds at 11800.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 12001 -11 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.49%, while the BSE Sensex 30 index added 0.45%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 8.12% or 23.20 points to trade at 307.00 at the close. Sun Pharmaceutical Industries Ltd. added 5.31% or 22.60 points to end at 450.00 and IndusInd Bank Ltd. was up 4.91% or 68.45 points to 1469.30 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 3.17% or 7.95 points to trade at 240.90 in late trade. Indian Oil Corporation Ltd declined 1.50% or 2.00 points to end at 130.90 and Kotak Mahindra Bank Ltd. shed 1.39% or 22.65 points to 1599.45.

The breadth, indicating the overall health of the market, 1287 fell and 1139 advanced, while 190 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.05% to 71.855.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12040. The upside rally could be testing all the way up to 12200 level in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11800 level. Key support holds at 11800.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11957 -24.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.47%, while the BSE Sensex 30 index gained 0.46%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 10.96% or 24.85 points to trade at 250.55 at the close. Bharti Airtel Ltd. added 8.66% or 35.45 points to end at 439.35 and Reliance Industries Ltd was up 3.59% or 52.35 points to 1509.75 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 2.09% or 6.15 points to trade at 285.85 in late trade. Yes Bank Ltd declined 2.58% or 1.70 points to end at 64.15 and Mahindra & Mahindra Ltd. shed 2.21% or 12.70 points to 560.65.

The breadth, indicating the overall health of the market, 1331 fell and 1102 advanced, while 169 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.27% to 71.744.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11980. The upside rally could be testing all the way up to 12100 level in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11700 level. Key support holds at 11700.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11911.50 -11.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.09%, while the BSE Sensex 30 index lost 0.18%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 4.62% or 18.15 points to trade at 409.20 at the close. Tata Steel Ltd added 4.41% or 17.40 points to end at 410.05 and UPL Ltd was up 3.71% or 19.70 points to 549.00 in late trade.

Biggest losers included Yes Bank Ltd, which lost 4.29% or 2.95 points to trade at 65.85 in late trade. Bajaj Auto Ltd declined 1.96% or 63.10 points to end at 3156.90 and Britannia Industries Ltd shed 1.67% or 53.45 points to 3140.90.

The breadth, indicating the overall health of the market, 1335 fell and 1100 advanced, while 201 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.25% to 71.823.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11700 level in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11950 then it might turn bullish once again. The upside rally could test up to 12100 level. Key support holds at 11700.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11936.50 -7.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.20%, while the BSE Sensex 30 index gained 0.17%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 9.71% or 20.25 points to trade at 227.15 at the close. Bharti Airtel Ltd. added 9.24% or 33.50 points to end at 393.05 and State Bank of India was up 5.54% or 16.95 points to 321.90 in late trade.

Biggest losers included Indian Oil Corporation Ltd, which lost 3.87% or 5.30 points to trade at 131.70 in late trade. Hero MotoCorp Ltd declined 1.94% or 50.40 points to end at 2543.20 and Bharat Petroleum Corp. Ltd. shed 1.87% or 9.60 points to 506.55.

The breadth, indicating the overall health of the market, 1392 fell and 1080 advanced, while 155 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.22% to 71.791.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11950. The upside rally could be testing all the way up to 12100 level in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11700 level. Key support holds at 11700.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11922.50 +35 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.27%, while the BSE Sensex 30 index added 0.42%.

The biggest gainers of the session on the Nifty 50 were ICICI Bank Ltd, which rose 2.53% or 12.30 points to trade at 498.65 at the close. Indian Oil Corporation Ltd added 0.60% or 0.80 points to end at 136.85 and Infosys Ltd was up 1.98% or 13.70 points to 705.30 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 3.94% or 8.60 points to trade at 208.65 in late trade. Vedanta Ltd declined 2.63% or 3.90 points to end at 144.00 and Zee Entertainment Enterprises Ltd. shed 2.72% or 7.90 points to 282.00.

The breadth, indicating the overall health of the market, 1434 fell and 957 advanced, while 157 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.28% to 71.937.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, testing all the way up to 12040 level in upcoming sessions. Alternatively, if the market breaks below a key support holding at 11820 then it might turn bearish once again. The downside rally could test up to 11700 level. Key resistance holds at 12040.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11882.50 +17.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.61%, while the BSE Sensex 30 index lost 0.57%.

The biggest gainers of the session on the Nifty 50 were Britannia Industries Ltd, which rose 4.85% or 151.20 points to trade at 3269.75 at the close. Tata Consultancy Services Ltd. added 3.71% or 78.05 points to end at 2178.60 and Reliance Industries Ltd was up 2.89% or 41.30 points to 1472.30 in late trade.

Biggest losers included Yes Bank Ltd, which lost 5.68% or 4.15 points to trade at 68.20 in late trade. GAIL Ltd declined 4.83% or 6.30 points to end at 123.85 and Zee Entertainment Enterprises Ltd. shed 4.65% or 14.20 points to 290.55.

The breadth, indicating the overall health of the market, 1534 fell and 902 advanced, while 157 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.37% to 72.045.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11800. The downside rally could be testing all the way up to 11650 level in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 12000 level. Key resistance holds at 12000.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11913 -31.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.04%, while the BSE Sensex 30 index gained 0.05%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 6.16% or 17.70 points to trade at 305.40 at the close. Yes Bank Ltd added 5.73% or 3.95 points to end at 73.00 and Bharat Petroleum Corp. Ltd. was up 2.81% or 14.15 points to 517.60 in late trade.

Biggest losers included Nestle India Ltd, which lost 2.37% or 343.30 points to trade at 14108.45 in late trade. Hero MotoCorp Ltd declined 2.12% or 56.05 points to end at 2594.00 and Hindalco Industries Ltd. shed 2.11% or 4.30 points to 200.15.

The breadth, indicating the overall health of the market, 1232 fell and 1190 advanced, while 167 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.17% to 71.475.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, testing all the way up to 12090 level in upcoming sessions. Alternatively, if the market breaks below a key support holding at 11850 then it might turn bearish once again. The downside rally could test up to 11700 level. Key resistance holds at 12090.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11898 -49 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.86%, while the BSE Sensex 30 index declined 0.81%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 4.82% or 3.20 points to trade at 68.95 at the close. IndusInd Bank Ltd. added 2.90% or 40.10 points to end at 1422.80 and ICICI Bank Ltd was up 2.39% or 11.45 points to 489.45 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 4.92% or 11.30 points to trade at 218.30 in late trade. Sun Pharmaceutical Industries Ltd. declined 4.30% or 18.95 points to end at 422.10 and GAIL Ltd shed 3.90% or 5.15 points to 127.05.

The breadth, indicating the overall health of the market, 1410 fell and 991 advanced, while 161 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.29% to 71.248.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11850. The downside rally could be testing all the way up to 11700-11550 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 12050 level. Key resistance holds at 12050.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11996.50 -62 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.38% to hit a new 3-month high, while the BSE Sensex 30 index climbed 0.45%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 3.55% or 7.85 points to trade at 229.45 at the close. Sun Pharmaceutical Industries Ltd. added 3.41% or 14.60 points to end at 440.60 and IndusInd Bank Ltd. was up 2.76% or 37.00 points to 1381.90 in late trade.

Biggest losers included UPL Ltd, which lost 7.84% or 47.55 points to trade at 577.70 in late trade. GAIL Ltd declined 3.55% or 4.85 points to end at 132.10 and Yes Bank Ltd shed 3.57% or 2.45 points to 66.45.

The breadth, indicating the overall health of the market, 1274 rose and 1143 declined, while 173 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.04% to 70.972.

Technical outlook

Nifty daily chart has formed "Rising wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11800 level in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 12050 then it might turn bullish once again. The upside rally could test up to 12200 level. Key support holds at 11800.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 12013 +5.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.41% to hit a new 3-month high, while the BSE Sensex 30 index gained 0.55%.

The biggest gainers of the session on the Nifty 50 were Cipla Ltd., which rose 3.02% or 14.15 points to trade at 480.85 at the close. ICICI Bank Ltd added 2.49% or 11.65 points to end at 480.70 and Infosys Ltd was up 2.36% or 16.40 points to 712.30 in late trade.

Biggest losers included Titan Company Ltd, which lost 10.09% or 129.50 points to trade at 1156.10 in late trade. Bharti Airtel Ltd. declined 3.44% or 13.20 points to end at 371.45 and Oil and Natural Gas Corporation Ltd shed 1.26% or 1.85 points to 144.65.

The breadth, indicating the overall health of the market, 1226 fell and 1167 advanced, while 180 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.35% to 71.019.

Technical outlook

Nifty daily chart has formed "Right angled Descending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12000. The upside rally could be testing all the way up to 12200 level in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11700 level. Key support holds at 11700.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11934 -27.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.20%, while the BSE Sensex 30 index fell 0.13%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 3.40% or 7.30 points to trade at 222.15 at the close. Yes Bank Ltd added 3.25% or 2.15 points to end at 68.30 and Bajaj Finance Ltd was up 2.79% or 114.80 points to 4227.80 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 3.36% or 9.95 points to trade at 286.15 in late trade. IndusInd Bank Ltd. declined 2.38% or 32.20 points to end at 1320.10 and UltraTech Cement Ltd shed 2.15% or 91.30 points to 4147.40.

The breadth, indicating the overall health of the market, 1415 fell and 956 advanced, while 153 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.09% to 70.720.

Technical outlook

Nifty daily chart has formed "Descending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11700 level in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11980 then it might turn bullish once again. The upside rally could test up to 12100 level. Key resistance holds at 12100.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11970 -14.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.43% to hit a new 3-month high, while the BSE Sensex 30 index climbed 0.34%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 6.20% or 12.55 points to trade at 214.85 at the close. JSW Steel Ltd added 5.01% or 11.90 points to end at 250.20 and Bajaj Finserv Ltd was up 4.30% or 360.25 points to 8706.60 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 4.75% or 14.70 points to trade at 296.10 in late trade. Indian Oil Corporation Ltd declined 2.87% or 4.10 points to end at 138.70 and Maruti Suzuki India Ltd. shed 2.48% or 188.70 points to 7424.00.

The breadth, indicating the overall health of the market, 1365 rose and 1094 declined, while 162 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.05% to 70.725.

Technical outlook

Nifty daily chart has formed "Descending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11980. The upside rally could be testing all the way up to 12100-12200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11700 level. Key support holds at 11700.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11967 +29.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.11% to hit a new 3-month high, while the BSE Sensex 30 index gained 0.09%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 18.46% or 48.10 points to trade at 309.50 at the close. Bharti Infratel Ltd added 6.83% or 12.95 points to end at 202.45 and IndusInd Bank Ltd. was up 5.01% or 65.80 points to 1379.85 in late trade.

Biggest losers included Yes Bank Ltd, which lost 6.11% or 4.30 points to trade at 66.60 in late trade. Tata Consultancy Services Ltd. declined 2.76% or 62.65 points to end at 2200.90 and Indian Oil Corporation Ltd shed 2.83% or 4.15 points to 142.65.

The breadth, indicating the overall health of the market, 1360 rose and 1116 declined, while 157 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.16% to 70.862.

Technical outlook

Nifty daily chart has formed "Descending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11940. The upside rally could be testing all the way up to 12100-12200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11600 level. Key support holds at 11600.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11923 -4.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.28% to hit a new 3-month high, while the BSE Sensex 30 index gained 0.19%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 23.77% or 13.50 points to trade at 70.40 at the close. Zee Entertainment Enterprises Ltd. added 10.78% or 25.35 points to end at 260.60 and State Bank of India was up 7.80% or 22.60 points to 312.40 in late trade.

Biggest losers included JSW Steel Ltd, which lost 2.86% or 6.70 points to trade at 228.00 in late trade. Tech Mahindra Ltd declined 2.04% or 15.40 points to end at 739.00 and Tata Steel Ltd shed 2.06% or 8.00 points to 380.55.

The breadth, indicating the overall health of the market, 1469 rose and 965 declined, while 136 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.06% to 70.997.

Technical outlook

Nifty daily chart has formed "Descending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11550 level in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11900 then it might turn bullish once again. The upside rally could test up to 12100 level. Key support holds at 11550.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11888 +37.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.49% to hit a new 3-month high, while the BSE Sensex 30 index added 0.55%.

The biggest gainers of the session on the Nifty 50 were GAIL Ltd, which rose 6.32% or 7.95 points to trade at 133.60 at the close. State Bank of India added 3.47% or 9.75 points to end at 289.90 and Grasim Industries Ltd was up 3.55% or 25.35 points to 734.95 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 5.25% or 10.15 points to trade at 183.20 in late trade. Yes Bank Ltd declined 3.61% or 2.10 points to end at 56.80 and Maruti Suzuki India Ltd. shed 2.06% or 159.30 points to 7556.95.

The breadth, indicating the overall health of the market, 1319 rose and 1073 declined, while 159 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.01% to 70.885.

Technical outlook

Nifty daily chart has formed "Descending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11550 level in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11900 then it might turn bullish once again. The upside rally could test up to 12100 level. Key support holds at 11550.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11813.50 +7.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 1.37% to hit a new 3-month high, while the BSE Sensex 30 index added 1.48%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd, which rose 16.55% or 24.45 points to trade at 172.45 at the close. Tata Steel Ltd added 6.44% or 23.50 points to end at 390.20 and JSW Steel Ltd was up 6.68% or 14.65 points to 234.25 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 9.02% or 19.15 points to trade at 193.15 in late trade. Bharti Airtel Ltd. declined 3.30% or 12.30 points to end at 359.90 and UltraTech Cement Ltd shed 1.55% or 64.90 points to 4117.70.

The breadth, indicating the overall health of the market, 1369 rose and 990 declined, while 188 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.23% to 70.905.

Technical outlook

Nifty daily chart has formed "Descending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11840. The upside rally could be testing all the way up to 12000-12100 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11500 level. Key support holds at 11500.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11677 +11 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.01%, while the BSE Sensex 30 index gained 0.10%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 11.18% or 5.40 points to trade at 52.15 at the close. State Bank of India added 7.56% or 19.85 points to end at 281.55 and ICICI Bank Ltd was up 3.16% or 14.35 points to 469.10 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 8.65% or 20.55 points to trade at 217.00 in late trade. Tata Motors Ltd declined 4.98% or 6.65 points to end at 126.85 and Titan Company Ltd shed 2.88% or 39.55 points to 1335.00.

The breadth, indicating the overall health of the market, 1302 fell and 1031 advanced, while 144 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.07% to 70.909.

Technical outlook

Nifty daily chart has formed "Descending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11400 level in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11660 then it might turn the trend to bullish once again. The upside rally could test up to 11800 level. Key support holds at 11400.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11586 -29.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.19%, while the BSE Sensex 30 index lost 0.10%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 2.96% or 10.65 points to trade at 372.35 at the close. Reliance Industries Ltd added 3.07% or 42.70 points to end at 1436.45 and Eicher Motors Ltd. was up 2.89% or 593.75 points to 21032.35 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 7.89% or 20.45 points to trade at 237.55 in late trade. Yes Bank Ltd declined 5.37% or 2.75 points to end at 48.30 and Grasim Industries Ltd shed 6.12% or 45.45 points to 705.60.

The breadth, indicating the overall health of the market, 1318 fell and 1036 advanced, while 149 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.42% to 71.015.

Technical outlook

Nifty daily chart has formed "Descending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11540. The downside rally could be testing all the way up to 11400-11200 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 11850-12000 level. Key resistance holds at 11700.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11664 +25.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.14%, while the BSE Sensex 30 index added 0.24%.

The biggest gainers of the session on the Nifty 50 were HCL Technologies Lt, which rose 3.53% or 37.55 points to trade at 1095.15 at the close. Eicher Motors Ltd. added 2.51% or 501.15 points to end at 20521.20 and Maruti Suzuki India Ltd. was up 2.19% or 158.95 points to 7440.25 in late trade.

Biggest losers included Adani Port and Special Economic Zone Ltd, which lost 6.10% or 25.65 points to trade at 396.10 in late trade. Bharti Airtel Ltd. declined 3.66% or 13.70 points to end at 360.35 and Zee Entertainment Enterprises Ltd. shed 3.37% or 8.45 points to 242.10.

The breadth, indicating the overall health of the market, 1209 fell and 1169 advanced, while 184 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.21% to 70.955.

Technical outlook

Nifty daily chart has formed "Descending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11630. The upside rally could be testing all the way up to 11800-11900 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11400 level. Key support holds at 11400.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11614 -4 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.63%, while the BSE Sensex 30 index declined 0.85%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd, which rose 3.49% or 95.05 points to trade at 2810.75 at the close. ICICI Bank Ltd added 3.19% or 13.95 points to end at 451.15 and Bharat Petroleum Corp. Ltd. was up 2.38% or 12.40 points to 534.10 in late trade.

Biggest losers included Infosys Ltd, which lost 16.65% or 127.85 points to trade at 643.55 in late trade. Tata Motors Ltd declined 4.02% or 5.50 points to end at 131.75 and Bajaj Finserv Ltd shed 3.16% or 260.95 points to 8008.85.

The breadth, indicating the overall health of the market, 1242 fell and 1190 advanced, while 186 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.10% to 70.990.

Technical outlook

Nifty daily chart has formed "Ascending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11550. The downside rally could be testing all the way up to 11400-11200 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 11850-12000 level. Key resistance holds at 11700.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11648 -50.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.65% to hit a new 3-month high, while the BSE Sensex 30 index added 0.63%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 8.44% or 4.00 points to trade at 51.40 at the close. Coal India Ltd added 3.28% or 6.55 points to end at 205.95 and Adani Port and Special Economic Zone Ltd was up 3.07% or 12.55 points to 421.70 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 5.39% or 14.25 points to trade at 250.20 in late trade. Tata Motors Ltd declined 1.90% or 2.65 points to end at 136.85 and Eicher Motors Ltd. shed 1.05% or 215.95 points to 20275.90.

The breadth, indicating the overall health of the market, 1357 rose and 1022 declined, while 181 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.37% to 70.817.

Technical outlook

Nifty daily chart has formed "Ascending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11700. The upside rally could be testing all the way up to 11900-12100 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11400 level. Key support holds at 11400.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11569 -36 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 1.07%, while the BSE Sensex 30 index added 1.17%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 15.47% or 6.35 points to trade at 47.40 at the close. Tata Motors Ltd added 13.27% or 16.70 points to end at 139.50 and Eicher Motors Ltd. was up 7.96% or 1529.40 points to 20491.85 in late trade.

Biggest losers included Vedanta Ltd, which lost 0.97% or 1.45 points to trade at 148.30 in late trade. Grasim Industries Ltd declined 0.73% or 5.35 points to end at 724.55 and HCL Technologies Ltd shed 1.06% or 11.70 points to 1093.05.

The breadth, indicating the overall health of the market, 1357 rose and 1022 declined, while 181 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.21% to 71.200.

Technical outlook

Nifty daily chart has formed "Ascending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11630. The upside rally could be testing all the way up to 11800-12000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11300 level. Key support holds at 11300.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11487 +1 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.31%, while the BSE Sensex 30 index added 0.24%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd., which rose 4.31% or 21.15 points to trade at 512.40 at the close. Grasim Industries Ltd added 3.47% or 24.45 points to end at 730.85 and Zee Entertainment Enterprises Ltd. was up 3.71% or 9.30 points to 259.65 in late trade.

Biggest losers included Hero MotoCorp Ltd, which lost 2.83% or 75.65 points to trade at 2602.35 in late trade. Hindalco Industries Ltd. declined 2.36% or 4.55 points to end at 187.95 and Vedanta Ltd shed 2.48% or 3.80 points to 149.90.

The breadth, indicating the overall health of the market, 1266 fell and 1096 advanced, while 180 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.01% to 71.484.

Technical outlook

Nifty daily chart has formed "Ascending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11500. The upside rally could be testing all the way up to 11700-11900 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11200 level. Key support holds at 11200.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11475 +40 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.77%, while the BSE Sensex 30 index gained 0.76%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd., which rose 4.69% or 859.95 points to trade at 19199.10 at the close. Vedanta Ltd added 4.03% or 5.95 points to end at 153.50 and Zee Entertainment Enterprises Ltd. was up 3.17% or 7.70 points to 250.70 in late trade.

Biggest losers included Bharti Airtel Ltd., which lost 2.83% or 11.15 points to trade at 383.65 in late trade. Infosys Ltd declined 2.18% or 17.10 points to end at 768.30 and Bharti Infratel Ltd shed 1.27% or 3.30 points to 256.95.

The breadth, indicating the overall health of the market, 1304 fell and 1052 advanced, while 173 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.45% to 71.545.

Technical outlook

Nifty daily chart has formed "Ascending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11460. The upside rally could be testing all the way up to 11600-11800 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11100 level. Key support holds at 11100.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11381 +46 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.32%, while the BSE Sensex 30 index climbed 0.23%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd, which rose 5.03% or 6.10 points to trade at 127.85 at the close. Oil and Natural Gas Corporation Ltd added 5.50% or 7.10 points to end at 135.25 and Bharti Airtel Ltd. was up 2.62% or 10.05 points to 393.55 in late trade.

Biggest losers included Infosys Ltd, which lost 3.50% or 28.50 points to trade at 786.10 in late trade. Bajaj Finance Ltd declined 2.65% or 105.20 points to end at 3883.30 and Power Grid Corporation of India Ltd shed 1.00% or 2.00 points to 198.40.

The breadth, indicating the overall health of the market, 1247 fell and 1157 advanced, while 202 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.33% to 71.147.

Technical outlook

Nifty daily chart has formed "Ascending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11390. The upside rally could be testing all the way up to 11500-11700 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11100 level. Key support holds at 11100.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11287 +26 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.63%, while the BSE Sensex 30 index added 0.65%.

The biggest gainers of the session on the Nifty 50 were Cipla Ltd., which rose 4.71% or 19.90 points to trade at 441.35 at the close. Vedanta Ltd added 3.93% or 5.55 points to end at 147.05 and Infosys Ltd was up 4.08% or 31.95 points to 814.80 in late trade.

Biggest losers included Yes Bank Ltd, which lost 2.93% or 1.20 points to trade at 39.60 in late trade. Indian Oil Corporation Ltd declined 3.31% or 4.90 points to end at 143.40 and GAIL Ltd shed 1.77% or 2.25 points to 124.95.

The breadth, indicating the overall health of the market, 1309 fell and 1050 advanced, while 147 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.11% to 71.058.

Technical outlook

Nifty daily chart has formed "Ascending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11350. The upside rally could be testing all the way up to 11500-11700 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11100 level. Key support holds at 11100.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11288 +27 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.70%, while the BSE Sensex 30 index lost 0.78%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 4.35% or 15.65 points to trade at 377.25 at the close. Grasim Industries Ltd added 3.67% or 24.60 points to end at 696.60 and Reliance Industries Ltd was up 2.67% or 35.40 points to 1362.75 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 19.27% or 46.20 points to trade at 195.35 in late trade. IndusInd Bank Ltd. declined 6.04% or 79.10 points to end at 1228.50 and Yes Bank Ltd shed 5.43% or 2.35 points to 40.95.

The breadth, indicating the overall health of the market, 1509 fell and 833 advanced, while 168 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.09% to 71.045.

Technical outlook

Nifty daily chart has formed "Ascending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11200. The downside rally could be testing all the way up to 11000-10900 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 11400 level. Key resistance holds at 11400.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11285 -53 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 1.68%, while the BSE Sensex 30 index gained 1.72%.

The biggest gainers of the session on the Nifty 50 were IndusInd Bank Ltd., which rose 5.52% or 68.45 points to trade at 1308.65 at the close. Bharti Airtel Ltd. added 5.23% or 17.85 points to end at 359.40 and ICICI Bank Ltd was up 4.90% or 20.40 points to 436.70 in late trade.

Biggest losers included Yes Bank Ltd, which lost 5.15% or 2.35 points to trade at 43.25 in late trade. Hero MotoCorp Ltd declined 2.80% or 75.00 points to end at 2604.35 and Titan Company Ltd shed 2.27% or 28.60 points to 1230.30.

The breadth, indicating the overall health of the market, 1220 rose and 1180 declined, while 160 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.28% to 71.014.

Technical outlook

Nifty daily chart has formed "Ascending broadening wedge" pattern. The last few sessions ended up sideways in trend after a gap up formation inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11350. The upside rally could be testing all the way up to 11500-11700 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11100 level. Key support holds at 11100.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11136 +39 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.43%, while the BSE Sensex 30 index lost 0.38%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 7.59% or 3.20 points to trade at 45.65 at the close. Zee Entertainment Enterprises Ltd. added 5.62% or 13.30 points to end at 251.50 and Britannia Industries Ltd was up 3.88% or 110.30 points to 2953.35 in late trade.