March 23, 2018


Nifty Outlook:

Late recovery helped the NSE Nifty close moderately higher on Friday despite uncertainty over UK elections results that indicated a possibility of hung parliament. However, the BSE Sensex failed to continue its four weeks gains as investors preferred a bit of profit booking. The 30-share BSE Sensex was up 48.70 points at 31,262.06 and the 50-share NSE Nifty gained 21 points at 9,668.25, backed by HDFC Group and auto stocks. However, the selling in technology stocks and ITC capped gains.

Bank Nifty:

Bank Nifty Outlook:

Nifty Bank ended at fresh record closing high again, up 0.66 percent due to HDFC Bank (up 1.3 percent) and ICICI Bank (up 0.75 percent).

HDFC extended gains, up 0.66 percent despite a media report suggested that merger of HDFC Standard Life Insurance and Max Life failed to get approval from insurance regulator. Max Financial, the promoter of Max Life, lost 3.4 percent.

Nifty Trends

R1 9680
R2 9740
S1 9600
S2 9560
Technical Outlook:

Nifty Day Performance

Open 9,668.85
High 9,693.85
Low 9,619.95
Close 9682.90

Top Gainers

VEDL 244.25
MARUTI 7,474.90

Top Losers

TECHM 387.50
GAIL 381.00
ITC 305.70
WIPRO 537.00

SEBI Register company-Star India Market Research-An investment advisor gives stock tips, equity tips, commodity tips, mcx tips, ncdex tips, agri commodity tips.


Comments are closed.

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.