Daily Nifty News Letter- Star India Market Research 3/9/2018

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Nifty moved on volatile note for today. Index sustained around the lower level of 10200 while a gains was seen in the Index in later half of trading session.

Outlook Of Nifty/bank nifty today
Nifty

Nifty Outlook

Nifty moved on volatile note for today. Index sustained around the lower level of 10200 while a gains was seen in the Index in later half of trading session. Following global cues and the internal affairs, kept the sentiments mixed and a slight profit booking was observed in last trading hours. Midcap and small-cap counters moved volatile for the day. For next trading session 10050 can be market support for index.




Bank Nifty

Bank Nifty Outlook


Bank Nifty Index saw a mixed movement, Index slipped around 300 points for the day. Index managed to close above 24000. Private players well as PSU players, same pattern was seen during the trading hours. Looking forward to domestic cues kept the sentiment volatile. Next 24000 can be seen as major support for the index.
Technical Outlook
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