Market Sound- Sluggish global cues due to renewed SELL-OFF in crude prices May drag Indian market Thursday. Asian shares fell, reversing recent gains as investors took profits after wall street declined overnight, and oil prices tumbled on news of a surprising jump in US government stockpiles. The MSCI’S broadest index of Asia-pacific shares outside Japan. It hit a one-year High on Wednesday and has broadly outperformed the MSCI world index. Japan’s market are closed for a Holiday.
Live Market- 12:30 The BSE Sensex is up 57.96 points or 0.21% at 27832.84 and The NSE Nifty index is gain 6.10 points or 0.07% at 8581.40.
Nifty 50 trends- CONSOLIDATE
Resistance- R1 8650 R2 8720
Support S1 8510 S2 8440
Global Maker Update:- FTSE: 6,845.50 (-20.92) (-0.32%) CAC: 4, 473.63 (21.62) (0.48%) DAX: 10,694.90 (44.07) (0.41%) SGX NIFTY: 8,602.50 (12.00) (0.14%).
Among IDEA, Eichermot, Lupin, Reliance, ITC, ICICI Bank, TCS, Tata power, Axis bank, Kotak bank were top Gainers today while Bank of Baroda, Grasim, ZEEL, InfraTel, M&M, Sun Pharma, Yes bank, Hindalco, Tata Mtrdvr, SBIN were top losers today.