Dear traders,
The Indian market opens the first trading day of the week on a strong note. On Friday, the US markets closed higher with the Dow up 267 odd points while Asia is in the green at this hour. Sensex is trading at 17049, up 263 points from its previous close, and Nifty is at 5127, up 77 points. CNX Midcap index is up 1.1% and BSE Smallcap index is up 0.5%. The market breadth is positive with advances at 559 against declines of 87 on the NSE.
We are likely to see an upmove in the market this month and the next month and the Nifty could possibly go past 5200 with support at 4920-4900.
The market is steady at this hour and trading with broad gains though it has come off the highs. Sensex is at 17061, up 275 points from its previous close, and Nifty is at 5133, up 83 points. CNX Midcap index is up 0.9% and BSE Smallcap index is up 0.7%. The market breadth is positive with advances at 896 against declines of 442 on the NSE.
The Indian market opens the first trading day of the week on a strong note. On Friday, the US markets closed higher with the Dow up 267 odd points while Asia is in the green at this hour. Sensex is trading at 17049, up 263 points from its previous close, and Nifty is at 5127, up 77 points. CNX Midcap index is up 1.1% and BSE Smallcap index is up 0.5%. The market breadth is positive with advances at 559 against declines of 87 on the NSE.
We are likely to see an upmove in the market this month and the next month and the Nifty could possibly go past 5200 with support at 4920-4900.
The market is steady at this hour and trading with broad gains though it has come off the highs. Sensex is at 17061, up 275 points from its previous close, and Nifty is at 5133, up 83 points. CNX Midcap index is up 0.9% and BSE Smallcap index is up 0.7%. The market breadth is positive with advances at 896 against declines of 442 on the NSE.
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