Nifty And Bank Nifty Trend Indicates “Buy”

  • by THO
  • 1 year ago
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And Trend Indicates “Buy”

Stock Market Today – 28th August 2020

Nifty opened at 11603 today. Yesterday, Index made a day high of 11617 and closed at 11559. Indian Cash Market Index, Nifty Small Cap opened at 5912 today. The major players of the market, FII & PRO combined carry forwarded 4962 contracts in Index Option for next month expiry as on 27th August 2020. Nifty and Bank Nifty Trend indicate “Buy”. The market is in up-trend and is likely to continue.

There are various companies that have given a 20% growth in June YOY quarterly results even during the harsh pandemic crisis. To name a few, PI Industries, Bayer (DE:) Cropscience under Fertilisers and Agrochemicals, Muthoot Finance (NS:), Manappuram under Financial Services, IPCA, Divis Lab, etc beneath Financial Services.

To get a comprehensive knowledge and details about Nifty Open Interest, subscribe to our app Value Stocks or the website www.valuestocks.in.

On the Global front, the US Index, (Futures) opened at 3490 today, which is near at its yesterday’s close i.e 3485. Hong Kong Benchmark Index, opened at 25276. Yesterday, Index made a day high of 25469 and closed at 25281. The Japan Benchmark Index, Nikkei opened at 23246.

The US 10 Year T-Note is trading at 138.80. The Bond has crucial support at 117.42 made on 5th Nov 2018. The is trading at 92.632.

Major Sector Performance as on 25th AugustMajor Sector Performance as on 27th August

Minor Sector Performance as on 25th AugustMinor Sector Performance as on 27th August

Large Cap Gainers and Losers as on 25th AugustLarge Cap Gainers and Losers as on 27th August

Mid Cap Gainers and Losers as on 25th AugustMid Cap Gainers and Losers as on 27th August

Small Cap Gainers and Losers as on 25th AugustSmall Cap Gainers and Losers as on 27th August
Result Today

Result Today

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