Daily Nifty/Bank Nifty News Letter
Nifty took a big down side in the beginning itself but later prices sustained by making a support at 8080, nifty closed positively at 8108. For the day a negative of 24 points was marked on chart. Where opening was at 8125 and closing was at 8099. Little pull in prices can be seen in coming day where support can be seen on 8030.
Bank Nifty Outlook
Bank Nifty took a long pull in the first half of the market hours, and a little recovery was seen later where prices closed at 18131 and opening was marked at 18275. Talking about the sector all the banking stocks and even the microfinance companies made a red candle on chart with a down side of two to four percent. This down side can be continued in coming days.
Nifty Day Performance