Daily Nifty Report 6/sept/2013
MARKET ANALYSIS
Benchmark indices reclaimed their key levels in trade on Thursday, a day after Dr. Raghuram Rajan took charge as the new Governor of the Reserve Bank of India (RBI).Raghuram Rajan, who is the second-youngest RBI governor, announced a slew of measures to restore confidence among investors in the India growth story.
Benchmark indices opened with a gap-up, and the Sensex rallied about 550 points in intraday trade today.
The S&P BSE Sensex reclaimed its crucial psychological level of 19000 in intraday trade, led by gains in banks, realty and consumer durable stocks.
DAILY PIVOTS
INDEX S1 S2 PP R1 R2NIFTY 5555 5517 5590 5628 5663
BANK NIFTY 9389 9098 9546 9840 9997
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