The stock market has started with the fastest week. The good monsoon’s expectations showed good buying in the market. Sensex and Nifty have climbed up to 0.5 percent. Mid-cap index of Nifty, Sensex and Nifty closed at the record high. Nifty closes close to 9450, while the Sensex has managed to close above 30300. In today’s trading, the Nifty reached 9449.25, then the Sensex had knocked down 30358.
Even mid-caps and smallcap stocks have seen good Buying. BSE’s mid-cap index has closed up by 1.25 percent, while the Nifty mid-cap 100 Index has gained about 1 percent. BSE’s smallcap index closed up 0.8 percent Today.
The BSE 30-share index Sensex closed at 30,322 levels, up 134 points, or 0.5 percent, respectively. On the other hand, NSE’s 50-share index Nifty closed at 444.55, which is 0.5 percent, at 9,445.4.
Nifty Trading Levels for Tomorrow
Trend: Bullish to Consolidate
Resistance: 9450, 9490
Support: 9420, 9380
Strategy: Buy On Dips