Stock Market Research News By Trifid Research 28 March

stockMarkets opened with positive momentum and rallied towards record highs while volatile movements of F&O Expiry made them to close with minor gains. Nifty future headed towards the crucial mark of 6700 but could not test it while closed the March series with a gain of around 6%. Indices are in no mood to show reversals till it sustains in the range of 6600-6700. Major support from current levels seen is of 6580 on daily charts.

TREND: SIDEWAYS

SUPPORT:6650 & 6620

RESISTANCE: 6720 & 6760

DAILY MARKETS TREND:

  • Sensex, Nifty at new high; Bharti, SBI, BHEL lead.
  • Jet, SpiceJet soar 5-7%; RBI extends ECB borrowing window.
  • JP Ass in talks with Dalmia Cem to sell stake in Bhilai unit.
  • Coal India mulls 10% price hike after polls.
  • Lupin acquires Laboratorios Grin.

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