On Wednesday, the 30-share benchmark index, BSE Sensex ended flat with a rise of 30.30 points or 0.16% at 18,469.95, 15 components registering rise. Meanwhile, the broad based NSE Nifty went up by 10.20 or 0.18% at 5,531 with 27 components posting rise.
FOR TODAY: EU market closed yesterday with a loss of nearly 0.4-0.7% and US markets closed in RED; Dow closed almost flat whereas Nasdaq closed nearly 0.5% down. All Asian markets are trading in RED, between 0.7-1% down. SGX Nifty is trading at 5497, down 34.50 (at 8.45 am). All these indicators are suggesting Nifty spot will open around 5490-5500 level. WATCH 5484-5489 LEVEL. IF BREACHES, WE MAY SEE 5477, 5441 AND 5400 LEVEL TODAY ITSELF. ON THE UPSIDE, IF MANAGE TO HOLD 5490-5500 AREA, IT WILL TRY TO BREAK 5520/5534 AND MAXIMUM 5568-5578 LEVEL, IN CASE THERE IS ANY GOOD NEWS.
