Tomorrow Free Intraday market Nifty Sensex Tips Calls Market Updates and Overview
Indian Stock market closed in bullish zone today, Nifty surged higher to close above intermediate resistance level of 6,200 as sentiment turned bullish after the Reserve Bank of India, in-line with market expectations, hiked repo rate by 25 bps to 7.75 per cent and cut MSF rate by 25 bps to 8.75 per cent.
Today Nifty 50-share index ended at 6220.90, up 119.80 points or 1.96 per cent. The index touched a high of 6,228.05 and a low of 6,079.20 in trade and BSE Sensex ended at 20929.01, up 358.73 points or 1.74 per cent. It touched a high of 20,952.55 and an intraday low of 20,493.66.
In Stock market Bank Nifty rose by around 4.5 per cent. Realty, auto, metal shares rose 2.5 to 2 per cent. PSU, Power, Consumer Durables, Healthcare, Capital Goods, Oil & Gas was 1.75 to 1 per cent FMCG, technical, IT shares were 0.5 percent stronger.
Maruti, Jaiprakash Associates, ICICI Bank, IndusInd Bankand Axis Bank were among the top Nifty gainers and Ranbaxy , ITC and Bharti Airtel were the only index losers.
In International market European markets are in strong trends. FTSE is 0.35 per cent. CAC and Diaaks is also in green.
In Asia, the Nikkei and the Shanghai Composite Index fell 0.5 to 0.25 per cent. Cospi, Taiwan Index, the Hang Seng rose slightly.
the rupee has strengthened against the U.S. dollar. Rupee is at 61.43 levels. Rupee closed at 61.52 on Monday.