The benchmark Sensex and Nifty indices are likely to open higher on September 4 as trends in the GIFT Nifty indicate a positive start for the broader index with a gain of 50 points.
The charts indicate that the Nifty may get support at 19,400, followed by 19,350 and 19,300. If the index advances, 19,500 would be the initial key resistance level to watch out for, followed by 19,535 and 19,575.
Foreign institutional investors (FII) bought shares worth Rs 487.94 crore, while domestic insti...
Pre-market comment by Deven Mehata, Choice Broking Ltd
Following Monday's flat to positive opening, the Nifty was bullish throughout the day to close at an all-time high, said Deven Mehata, Equity Research Analyst, Choice Broking.
The market traded in positive with the Sensex gaining 0.80 per cent to close at 66589.03, while Nifty was up by 0.75 per cent intraday and closed at 19,711.45 levels, its highest ever, whereas Bank Nifty was up by 1.41 per cent to settle at 45449.75.
Among the sectors, Nifty PSU Bank, Nifty Fin Service a...
Nifty settles over 19,700 for first time ever
