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.
- Mass awareness of Ayurvedic medicines is needed: Parampara Ayurved founder Debabrata Sen
- Vijaya Diagnostic Centre inaugurates State-of-the-Art Centre featuring 3 Tesla MRI and 80-Slice CT in Bengal
- Bengal Pro T20 League Season 2 Men's Draft creates history with 802 cricketers in spotlight
- Sona Fashion Tech achieves 17 years of unbroken 100 pct placement success
- Sona College of Technology breaks new ground in BTech placements with over 100 securing ₹10 lakh salary package offers
- Emotional support is crucial for healing the elderly people, says Sound N Mind Foundation co-founder Debashish Das
- Women’s Player Draft for Bengal Pro T20 League Season 2 marks a new chapter in state cricket
- US: Bharatanatyam dancer Urjani De enthrals audience in Philadelphia
- Bengal Pro T20 League: Dubrajpur's MGR Sports Academy named as a venue for women's matches
- Kolkata hosts 16th edition of Swayam Siddha
Air India Express has announced a limited-period ‘Flash Sale’ on both domestic and international flights which are open until 25th May 2025.
Marking a significant milestone in its ambitious expansion, Tata Group-owned Air India Express inducted its 100th aircraft, a Boeing 737-8, featuring ‘Chittara’ tail art inspired by Karnataka’s traditional mural painting.
Marking a significant milestone in its ambitious expansion, Tata Group-owned Air India Express inducted its 100th aircraft, a Boeing 737-8, featuring ‘Chittara’ tail art inspired by Karnataka’s traditional mural painting.