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Share Market Closing Note
Benchmark indices sustained their early gains and ended over 1 percent higher. Tata Motors, Bajaj Finance and IndusInd Bank stole the limelight, notched 4-5 percentgains.
The Sensex was up 709.96 points or 1.16 percentat 61,764.25, and the Nifty was up 202.80 points or 1.12 percentat 18,271.80. About 2,006 shares advanced, 1,525 shares declined, and 152 shares were unchanged.
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Topic :- Time:2.50 PM
Just In:
Overall, bank credit has grown by around 15% in FY2023, compared with just around 10% over the last year.
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Topic :- Time:2.40 PM
Just In:
After GoAir now its Spice Jet:
SpiceJet insolvency case: India�s bankruptcy court seeks airline�s reply on unpaid dues claim
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Topic :- Time:2.30 PM
CRUDEOIL Trading View:
CRUDEOIL is trading at 5952. If it breaks and trade below 5940 level then expect some decline in it and if it manages to trade and sustain above 5970 level then some upmove can be seen however important Resistance will be 6030 from here.
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Topic :- Time:2.10 PM
Nifty is trading at 18280 spot level. If it manages to trade and sustain above 18300 level then expect some quick upmove in the market and if it breaks and trade below 18240 level then some decline can be seen.
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Topic :- Time:1.30 PM
GOLD Trading View:
GOLD is trading at 60830. If it breaks and trade below 60780 level then expect some decline in it and if it manages to trade and sustain above 60900 levels then expect some quick upmove in it.
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Topic :- Time:12.30 PM
COPPER Trading View:
COPPER is trading at 749.40. If it manages to trade and sustain above 750 level then expect some further upmove in it and if it breaks and trade below 748.80 level then some decline can follow in Copper.
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Topic :- Time:12.10 PM
Just In:
Zomato pilots B2B logistics service as it searches for revenue growth
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Topic :- Time:12.00 PM
Nifty spot is trading at 18260. If it manages to trade and sustain above 18280 level then expect some upmove and if it breaks and trade below 18240 level then some decline can be seen in the market.
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Topic :- Time:11.30 AM
News Wrap Up:
1. Sensex jumps 600 points, TCNS tumbles 18%
2. Aditya Birla Fashion to hunt for ₹800 crore for TCNS acquisition
3. JSW plans to offload some colour stake for $100 mn
4. Blackstone ignores Max hurdle to etch hospital deal
5. Zen Tech trades 8% up after Q4 profit jumps 510%
6. Paytm up 5% on sustained growth in Q4; JPMorgan sees 37% upside
7. UPL shares trade marginally higher on hopes of robust Q4 earnings
8. Coal India slumps as higher wage provisioning plays spoilsport in Q4
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Topic :- Nifty Opening Note
Indian Stock Market Trading View For 08 May,2023:
Nifty is likely to remain volatile throughout the week and is expected to follow global cues.
Nifty spot if manages to trade and sustain above 18120 level then expect some upmove in the market and if it breaks and trade below 18000 level then some decline can be seen in the Nifty. Please note this is just opening view and should not be considered as the view for the whole day.