Nifty traded on mixed yet negative note today. Index lost numbers in today’s trading session, and Nifty trading below 10,400 level. Nifty-50 futures slipped and bulls seemed to loose control, We may see Nifty witnessing resistance around 10450 – 10570 level. Midcap and small cap index too also lost and witnessed the negative numbers.
Bank Nifty Outlook
Bank Nifty Index saw a negative movement and and lost the numbers in today’s trading session. Index was seen loosing and Bears gained control for today’s trading session. Few PSU players in the sector as well as private banks lost the gain for the day. Next 25750 can be seen as major resistance for the index.