Yesterday: Indian Stock Market fluctuated in the first half but recovered sharply in the second half mainly led by Power & Consumer good sectors.
Today: Indian Stock Market is expected to open in positive zone. We will see some short covering so upside trend would be there. Market still looks good. If Nifty breaches level of 4351 and sustain above that level than we will see more up-sides in a days to come.
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BSE Sensex: (14423) The support for the Sensex is 14200 and the resistance to the up move is at 14600
NSE Nifty: (4293) The support for the Nifty is at 4210 and the resistance to the up move is at 4351.
F&O Cues: FII were net buyers of 604 crore in Index Future and buyers of 354 crore in stock futures.
Today’s Result: Tata Steel, IB Sec., Unitech, Mirc Electro.