Outlook Of Nifty/bank nifty today
Nifty broke the support and closed negative with 84 points sharp down side was seen in the initial hours but later prices sustained and closed at 8005. It had been consecutive five days for Index prices to give down side on continuous basis. Now we expect 7900 levels in coming days.
Bank Nifty Outlook
Bank nifty saw a down side of 174 points for the course of day and gave closing at 17934, where opening was marked at 18038 as nifty it had been five days when banking index had gone through new low day by day. Now the next support falls at 18770. For tomorrow we feel weakness in banking index as well as in banking stocks too.
Nifty Day Performance