Nifty closed at record high.
Monday's optimism got spilled over into the Tuesday's session helping the local indices in extending the winning momentum for second successive session as encouraging global developments buttressed domestic sentiments. Polls show Emmanuel Macron, a candidate seen as pro-business defeating anti-euro nationalist Marine Le Pen by as much as 30% points in the second round of the French presidential election in two weeks. Sentiments were also bolstered by a string of optimistic quarterly results including from Reliance Industries, which were announced yesterday post market hours. On the global front, Asian markets ended mostly higher on Tuesday as European political risks faded and oil prices rebounded after six consecutive sessions of losses.
Nifty 9306.60🔼88.65
Sensex 29943.24 🔼287.40
CNX Midacap 18062.20 🔼151.95
Nifty50
🎯 Top Gainer : Infratel 375.30 🔼4.76%
🎯 Top Loser : Tatapower 85.05🔽1.10%
🎯 Turnover Toper by Value : Reliance
🎯 Turnover Toper by Qty : Suzlon
🎯 Advances / Declines : 892 / 781
🎯 New 52 Wk High : GAIL, Grasim, HDFC, HDFCBank, Ibulhsgfin, IndusIndbk, Kotakbank, Gail, LT, Ultracemco.
🎯 New 52 Wk Low : Auropharma.
🎯 FIIs / FPI vs DIIs :
+178.82 Cr vs +998.26 Cr.
🎯 Nifty Outlook 🎯
FIIs sold 804.82 cr of index i.e. Nifty futures today. No doubt Nifty future were trading in discount and closed at 11.3 points' discount. Today's gap up opening may give chances to doubt about further journey of the Nifty. The rollover percentage in Nifty future is above the average percentage and the volumes on Nifty future are more than yesterday. Hopefully it will hold the steam ahead of derivative expiry.
© Sharp Investment & Financial Advisers
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