Research Reports
End of the Day Derivative Commentary
Markets Staged sharp upside breakout of 5180-5200 levels
Published on
Fri Jun 29, 2012 at 04:59 PM
Markets Staged sharp upside breakout of 5180-5200 levels
Indian markets witnessed a sharp upside breakout of the resistance of 5180-5200 levels and rallied aggressively in today's session led by positive global and domestic cues. Even globally investors looked bullish ahead of a crucial European Union summit later this week.
The Nifty July Fut closed up by 133pts or 2.58% at 5288.75. The Nifty July Fut closed at a premium of 10pts as against a premium of 6pts in the previous session. The biggest gainers in the F&O segment were NCC, Jindal Steel, GMR Infra, LITL and TVS Motor. The biggest losers were On Mobile, Cairn India, Petronet LNG, BPCL & Opto Circuit.
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