DSIJ Mindshare

Nifty Bank at 29,000

DSIJ Intelligence 0 1282 Article rating: 5.0

The most actively traded index in the Indian markets, Bank Nifty opened at 29,028.90 and hit a high of 29,070.35 on Thursday morning. At 9:45 hours, the index was trading at 29,052.05, up by 167.75 points or half-a-per cent.

Index trend and stocks in action March 14, 2019

DSIJ Intelligence-3 0 1232 Article rating: 5.0

In the coming session, the level of 11,384 is likely to act as a resistance as it is 78.6 per cent retracement of its August-October decline. On the downside, the Tuesday’s gap area (11,1180-11,227) is likely to lend support to the index. Stocks in news: HCL Technologies, Jet Airways, Deep Industries, Sun Pharmaceuticals, Lupin, Bajaj Consumer Care and GE T&D India.

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