Monday 16 April 2018

Outlook Of Nifty Today

Nifty: 
Nifty Outlook 
Nifty gains for the third straight week and managed to closed above 104500 mark for the first time since November 2017. Large-cap heavyweights like Reliance & HDFC Ltd were among the top Nifty index gainers. Investor will also keep an eye out for the macroeconomic readings on inflation and industrial output due later in the day. Investors now await January-March corporate results for future direction. IT Major Infosys will kick-start the March-quarter results season later in the day. Nifty closed around its resistance i.e. of 10490 buying may continue if able to hold this mark.


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