Resistance above 15,760 is placed at 15,800 levels
Nifty 50 June Futures (15,722) The Sensex and the Nifty 50 began the session on a positive with a minor gap-up open. Both the indices continued to trend upwards however, recently witnesses selling interest at higher levels. The Sensex and the Nifty 50 are up by 0.4 per cent each. The market breadth of the Nifty 50 is biased towards advances. There is an increase in volatility as the India VIX has climbed 1.45 per cent to 14.9 levels. On the back of buying interest the Nifty mid and small-cap indices have advanced 1 per cent and 1.2 per cent respectively. Barring the Nifty Auto index which is down by 0.28 per cent all the other sectoral indices are featuring in the positive territory. The top gainers are Nifty media and PSU Bank indices that are up by 1.8 per cent and 1.48 per cent correspondingly.
BL Research Bureau Nifty 50 June Futures (15,537) The Sensex and the Nifty 50 began the session in the negative territory amid mixed Asian markets. The Nikkei 225 has climbed 0.46 per cent to 28,946 l
May 27, 2021
IT, PSU bank stocks shine
Benchmark indices closed in the green on Thursday. However, despite today being the expiry day for May contracts in the derivatives segment on the NSE, the market remained range-bound through the day.
The BSE Sensex, which hovered between 51,282.90 and 50,891.66, closed at 51,115.22, up 97.70 points or 0.19 per cent. Nifty 50 closed at 15,337.85, up 36.40 points or 0.24 per cent. The index hit a high of 15,384.55 and a low of 15,272.5 during the day.
The breadth of the market remained positive, with 1,753 stocks advancing, 1,379 declining and 141 remaining unchanged on the BSE. As many as 483 securities hit the upper circuit and 189 the lower circuit; 365 hit their 52-week high while 28 touched a 52-week low.