Indian stock market has climbed around 0.5 per cent on Thursday’s session due to positive global cues. The strong earning in US marketand hike in oil prices helped the global risk appetite. The 30-share index BSE Sensex has closed 145 points up at 28129 and 50 share index NSE Nifty gained 40 points up at 8699. In broader market, Bank sectors has rallied over the market, while healthcare and IT sectors were under pressure. BSE Small Cap index has closed with the hike of 0.50%, while Mid Cap index has only gained 0.06% today. In today’s market breadth, 1589 shares have advanced and 1231 shares have declined in the BSE. According to our experts, in absence of any negative triggers, the possibility of hike in December federal reserve may cause volatility in tomorrow’s market.
Today’s Top NSE Gainers : Adani Ports, ICICI Bank, Hindalco, Idea Cellular and Bharti Infratel
Today’s Top NSE Losers : HCL Tech, HUL, Tata Motors, Tata Motors (D) and Sun Pharma
Nifty Trend for Tomorrow
RESISTANCE: 8700, 8725
SUPPORT: 8710, 8735
APPROACH: BUY ON DIP