By Vivek Gupta, CMT – Director Research, CapitalVia Global Research Limited 09 Jan 2015, 06:01 pm
In overseas markets, global markets edged higher on expectations that pessimistic euro zone data could prompt the European Central Bank (ECB) to implement more aggressive stimulus measures. Brent crude futures recovered from the lowest level since April 2009 as investors weighed whether crude's selloff was excessive amid signs of improving demand in the US
Movement of index in near term will be consistently remains on further reform initiatives to be taken by the government and in upcoming session traders should keep an eye on IIP, CPI and WPI numbers will be declared in next week. Also watch the Q3 results of large cap companies like LIC, TCS, Reliance, Wipro etc.
Nifty January Future gave closing at 8311.60 with the weekly loss of 146.80 points.
In near term Nifty is likely to remain volatile as overall breadth of the market was negative having resistance around the levels of 8370 on the upside while having immediate support around the level of 8200.
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Tata Group-owned Air India has inaugurated its new 4 times weekly non-stop service to Rome, marking a return to the Italian city after nearly six years.
Lufthansa is expanding its winter flight schedule for 2026/27 with the launch of a new direct route by between its Munich hub and Rovaniemi, starting December 4, 2026.
Choosing a seat on a flight in India often comes at an extra cost, especially for window, aisle, or front-row options. Over time, what was once a basic part of flying has turned into a revenue stream for airlines, leaving many passengers with limited free choices during web check-in.