By Vivek Gupta, CMT , Director Research, CapitalVia Global Research Limited 26 Dec 2014, 05:59 pm
Nifty January Future series given closing at 8269 with the net weekly change of 29.15 points.
Movement of rupee, trend of the global market and investment by FII may affect market movement in near term. Auto mobile stock may remain in focus as most of these companies will declare their sales number in early week.
Nifty Future may remain in range in near term and is likely to continue its northward journey with the crossing of the resistance level of 8375, if it continues to sustain above the support level of 8150.
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Qantas is set to open its new Auckland International Lounge on Dec 17, ahead of the peak holiday travel period, as the airline expands its trans-Tasman network. The new facility replaces the previous lounge and increases both floor area and passenger capacity.
Air Canada has introduced a new non-stop route connecting Toronto with Rio de Janeiro, with the first flight landing in the Brazilian city on Friday morning.
Air India, India’s leading global airline, and Maldivian, the national airline of the Maldives, have entered a bilateral interline partnership aimed at boosting connectivity between the two countries.