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NIfty Round Up For 18 March,2024:

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Nifty around 22,050, Sensex up 100 pts; auto, metal, realty gain:


Indian benchmark indices ended on a positive note in the volatile session on March 18 with Nifty around 22,050.


Tata Steel, M&M, JSW Steel, Tata Motors and Apollo Hospitals were among the top gainers on the Nifty, while losers included Tata Consumer Products, UPL, Infosys, TCS and Titan Company.


Among sectors, capital goods, healthcare, auto, realty, metal, media up 0.5-3 percent, while IT, and FMCG down 0.5-1 percent.


BSE Midcap and Smallcap indices ended on a flat note.


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Topic :- Time:3.00 PM


Nifty spot if manages to hold and close above 22040 level then expect some further pull back in the market in coming sessions and if it closes below above mentioned level then some sluggish movement can be seen. Avoid open positions for tomorrow.


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Topic :- Time:3.00 PM


Nifty spot if manages to hold and close above 22040 level then expect some further pull back in the market in coming sessions and if it closes below above mentioned level then some sluggish movement can be seen. Avoid open positions for tomorrow.


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Topic :- Time:2.30 PM


GOLD Trading View:

GOLD is trading at 65475. If it manages to trade and sustain above 65500 level then expect some upmove in it and if it breaks and trade below 65420 level then some decline can follow in it.


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Topic :- Time:2.40 PM


Just In:

Narayana Murthy gifts Infosys shares worth ₹243 crore to grandson Ekagrah Rohan Murty


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Topic :- Time:2.10 PM


Nifty future cmp-22150. Immediate Support- 22134 and Resistance: 22180. Expect 50-60 points move in nifty future in either direction whichever gets breached first.


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Topic :- Time:2.10 PM


Rekha Rakesh Jhunjhunwala-backed Baazar Style Retail has filed its draft red herring prospectus (DRHP) with Sebi to raise funds from public.



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Topic :- Time:1.50 PM


Just In:

J Kumar Infra wins ₹334.25-crore project from NBCC to build Delhi Transport Corporation depot.


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Topic :- Time:1.10 PM


Nifty spot is trading at 22072. If it manages to trade and sustain above 22100 level then expect some upmove in the market and if it breaks and trade below 22040 level then some decline can further follow in the Nifty.


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Topic :- Time:12.30 PM


COPPER Trading View:

COPPER is trading at 760. If it holds below 762.40 level then expect it to test 756-755 levels quite soon and once it manages to trade and sustain above 762.40 level then some upmove can be seen in the Copper.


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Topic :- Time:12.15 PM


Just In:

Torrent Power gains over 7% on bagging 300 MW wind solar hybrid project.


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Topic :- Time:12.00 PM


Nifty is trading in a range however traders should wait for clear cues before taking big positions. Nifty spot if manages to trade and sustain above 22020 level then expect some upmove in the market and if it breaks and trade below 21980 level then some decline can be seen in it.


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Topic :- Time:11.45 AM


Just In:

Let SBI not be selective in disclosure�: Supreme Court asks bank to submit affidavit that no info on electoral bonds has been withheld.


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Topic :- Time:11.30 AM


News Wrap Up:

1. Sensex, Nifty in red; IT, Banks lead drags, Metals shine

2. Several of Adanis dollar bonds fell most in over six months on US probe

3. US probe into alleged bribery by Adani takes big toll on shares

4. Police close rape charges case against Sajjan Jindal

5. Putin cautions on World War 3 after landslide victory

6. BAT sells 3.5% stake in ITC.

7. Bhartis OneWeb vies to outpace Starlink and Jio

8. Bata India MD on driving premiumisation

9. Adani ready with Rs 1.2 lakh crore plan for FY 25

10. Coforge board nod to raise Rs 3,200 crore amid IPO withdrawal



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Topic :- Time:11.00 AM


After minor negative opening nifty is still trading in red zone with minor losses. Nifty spot if breaks and trade below 21980 level then expect some decline in it and if it manages to trade and sustain above 22020 level then some upove can be seen in the market.


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Topic :- Nifty Opening Note


Indian Stock Market Trading View For 18 March,2024:


Nifty is likely to remain volatile and is expected to follow global cues. Traders are advised to wait for some time before taking delivery long positions and should prefer to do day trading. 


Nifty spot if manages to trade and sustain above 22060 level then expect some upmove in the market and if it breaks and trade below 21980 level then some decline can be seen in the market. Please note this is just opening view and should not be considered as the view for the whole day.


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