NIFTY SPOT: 8522.15 (+0.44%) NIFTY FUT: 8537.00 (+0.58%)
Post a gap down opening, the Nifty witnessed good support near 8400, which acted as a turning point for the day. Banking clearly outperformed followed by auto, FMCG and Reliance Industries. The index, which had started 80 points lower, finally ended 45 points higher. Nifty future premium increased and settled at 16 points. India VIX fell 1.8% to settle at 16.01 For more information visit www.equityresearchlab.com or call at 8109999233.
Post a gap down opening, the Nifty witnessed good support near 8400, which acted as a turning point for the day. Banking clearly outperformed followed by auto, FMCG and Reliance Industries. The index, which had started 80 points lower, finally ended 45 points higher. Nifty future premium increased and settled at 16 points. India VIX fell 1.8% to settle at 16.01 For more information visit www.equityresearchlab.com or call at 8109999233.
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