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
Nifty Smallcap and Midcap indices have managed to register fresh all-time highs on closing basis, Devarsh Vakil, Deputy Head of Retail Research at HDFC Securities, said on Tuesday.
Breadth of the market is very strong as more than 83 per cent of NSE 500 stocks are placed above their respective 200 DMA, he said.
In a volatile trading session, Nifty managed to close above the 19,300 mark at 19,343, its second consecutive session of gains, while the Sensex gained 79 points to end at 65,075...
Small and midcap indices close at fresh all-time highs
BSE Sensex is up 101 points in trade at 65,097 points in Tuesday morning trade.
Among the top Sensex gainers are Jio Financial, Tech Mahindra, Powergird and JSW Steel up over 1 per cent in trade. Bharti Airtel is down by more than 1 per cent.
Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher said the Nifty, witnessing a decent pullback near the previous day's low level, which is around the 19,230 zone, closed above the 19,300 zone for the day and has now cons...
Sensex up more than 100 points in morning trade
