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Share Market Closing Note
Nifty at 21,850, Sensex up 440 pts; oil & gas, IT, metal gain, banks fall:
Benchmark indices ended on a positive note in the volatile session on February 2 with Nifty around 21,850.
Top gainers on the Nifty were BPCL, Power Grid Corporation, ONGC, Adani Ports and Coal India, while losers were Eicher Motors, Axis Bank, HDFC Life, HDFC Bank and HUL.
Among sectors, oil & gas index up 4 percent and Information, Technology, metal, realty, power indices up 1.5-2 percent each, while bank index down 0.5 percent.
BSE Midcap index rose 1 percent and Smallcap index added 0.6 percent.
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Topic :- Time:3.10 PM
Nifty spot if manages to close above 21840 level then expect some upmove in the market and if it closes below above mentioned level then some sluggish move can follow. Avoid open positions for Monday.
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Topic :- Time:2.30 PM
CRUDEOIL Trading View:
CRUDEOIL is trading at 6133. If it holds above 6110 level then expect some quick upmove in it and if it breaks and trade below 6110 level then some decline can follow in it. Watch out for 6110 level.
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Topic :- Time:2.15 PM
Just In:
1. Tamil actor Vijay announces his political party, names it Tamilaga Vettri Kazha
2. New CM Champai Soren takes an oath to form the government in Jharkhand, a day after the resignation of Hemant Soren.
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Topic :- Time:2.00 PM
Nifty is trading highly volatile now. Nifty spot if manages to trade and sustain above 21900 level then expect some upmove in the market and if it breaks and trade below 21860 level then some decline can be witnessed.
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Topic :- Time:1.00 PM
Nifty spot if manages to trade and sustain above 21920 level then expect some upmove in it and if it breaks and trade below 21880 level then some decline can be seen in the market.
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Topic :- Time:12.30 PM
COPPER Trading View:
COPPER is trading at 721.50.If it breaks and trade below 721 level then expect some decline in it and if it manages to trade and sustain above 722.40 level then some upmove can be seen in it.
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Topic :- Time:12.15 PM
Just In:
Suzlon confident of better results in March quarter, to execute order book in two years
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Topic :- Time:12.00 PM
Nifty just tested life time high. Nifty spot if manages to trade and sustain above 22100 level then expect some further upmove in the market and if it breaks and trade below 22040 level then some decline can be seen.
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Topic :- Time:11.30 AM
News Wrap Up:
1. Sensex soars over 1,200 pts, Nifty above 22,050 as budget uncertainty ends
2. PaytmKaro even beyond Feb 29, assures Vijay Shekhar
3. Tata wants a tie-up to fast-charge Apple output
4. Byjus US unit files for Chapter 11 bankruptcy
5. Tata Motors Q3 results today
6. Zee petition to NCLT: Sony dashed Goenkas efforts to save the merger
7. EV push may create 250,000 jobs
8. Urban infra gears up for metro push
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