Market To Remain Volatile Ahead Of Banknifty Expiry & Heath Care Bill Voting In Senate

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Indian Benchmark Index Nifty closed in the negative territory for the fourth consecutive day after making and all time high of 9218 tracking weak global cues. The index has correcred almost 190 points from its high, if it falls further below 9060 immediate support is at 8892. Yesterday Nifty Index opened gap down by 75 points at 9047 and closed at 9030 after making a low of 9019.

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Bank Nifty yesterday opened gap down by 204 points at 20815 and closed at 20781 after making low of 20754. ICICI Bank fell almost 2.52%, HDFC Bank 0.83% and SBI fell 1.69%.

Small Cap index opened gap down by 45 points at 6775 and closed at 6774 after making low a 6754.

Nifty Future is opening at 9083.50 as per SGX Nifty at 8:10 am IST, 37 point above its previous close of 9046.75.

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