24 April 2015 Market outlook:-
Instability in the market in an exceptionally higher side. However at some point or another business will bring bearing with consider Nifty support 8350 and resistance 8550, separate out are break this reach will move one side, so traders are be mindful at either side.
Bank Nifty remained continue trade on downside and consider resistance 18400-18450 and support 18700 and Pvt. Banks looking under selling pressure like, Axis Bank, ICICI Bank.
CNX IT additionally looking bearish and Infosys result will provide guidance in the market.Then again, TCS, Wipro, and Tech Mahindra selling pressure today.
Live Market 11:30 Am:- The 30-share Sensex index is down 167.22 points or 0.60% at 27567.80 and the 50-share nifty index trade is falls 59.50 points or 0.71% at 8338.80.
About 583 shares advanced, 1570 shares declined and 125 shares are unchanged.
NMDC 2.81%, Lupin 2.62%, ITC 1.53%, TCS 1.48%, ONGC 0.81%, HCL Tech 0.64%, Sun Pharma 0.62%, Maruti 0.30%, Tata motors 0.18%, ACC 0.10% are top gainers in the Sensex.
Among top losers are Cipla 3.03%, SSLT 3.03%, Hindalco 2.85%, Axis bank 2.64%, Indusindbk 2.49%, Bank of baroda 2.42%, M&M 2.40%, ZEEL 2.40%, Hero motocrop 2.36%, Yes bank 2.34%.