Stock Business News 22 Oct. 2013

Markets witnessed a volatile session but were able to move towards their crucial levels and closed on a flat note with positive bias supported by strong Asian cues. Nifty future found support near 6180 level and bounced back towards higher side to test the previous high of 6239. Now, 6250-6270 is the immediate resistance range seen ahead while on lower side, if it breaches 6180 then it may show some correction and drag towards the support of 6140.

TREND: SIDEWAYS

SUPPORT   :  6180 & 6140     ]

RESISTANCE  :   6270 & 6320

DAILY MARKET TREND :

  • Sensex ends flat; CG, realty, metal up.
  • HDFC Q2 net profit rises 10% to Rs 1266 cr.
  • Zee Ent Q2 net up 26% to Rs 236 cr, ad rev rises 10.5%.
  • DLF appoints L&T for Rs 13.37 bn residential project.
  • Asian Paints consolidated Q2 profit climbs 36.4%.

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