Daily Nifty News Letter

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Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
     Nifty traded on flat note with negative bias for today. Index moved in a range and managed to close above 11000. Market awaiting for signals for further movement. Midcap and small-cap counters lost numbers and moved negative for the day. Tyre sector moved under pressure. In further trading session 10900 can be market resistance for index.
Bank Nifty:
 Bank Nifty Outlook
 Bank Nifty Index saw a sideways movement, gained numbers in second half of the trading session. private players performed well as compared with the PSU players. KOTAK Bank gained most and traded positive for the day and managed to be among top gainers, also other few private players too performed for the day. Next 27150 can be seen as major resistance for the index.
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