BSE See NSE See 60,821.62
-101.88 (-0.17%)

Index trend and stocks in action April 04, 2018

Karan Dsij / Article rating: 5.0

In the coming trading session, the 200-day SMA placed around the level of 10,183 would be a key support level for the index. On the higher side, immediate resistance is placed at the level of 10,278, which is 61.80% retracement level of recent downmove, followed by 10,310. Stocks in the news: Infibeam Incorporation, Akzo Nobel, Zensar Technologies, Au Small Finance Bank, IDBI Bank and Lupin.

Markets may see positive opening amid mixed global cues

Karan Dsij / Article rating: 5.0

Today, the start of the session is likely to be slightly in the green as cues from Asian peers are mixed. Traders will remain cautious ahead of the two-day meeting of the Monetary Policy Committee (MPC) which will begin today and conclude on April 5. There is consensus on the status quo being maintained on repo rates, but the markets will be interested in RBI commentary and its plan of action to address the rising bond yields. The SGX Nifty is pointing that Nifty may open around 10,278.  


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