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Benchmark indices ended higher in the volatile session on July 7 with Nifty above 15,850.
At close, the Sensex was up 193.58 points or 0.37% at 53054.76, and the Nifty was up 61.40 points or 0.39% at 15879.70. About 1737 shares have advanced, 1372 shares declined, and 136 shares are unchanged.
Tata Steel, JSW Steel, Bajaj Finserv, Hindalco, and UPL were among the top gainers on the Nifty. Top losers were Titan Company, ONGC, Maruti Suzuki, SBI Life Insurance, and Shree Cements.
On the sectoral front, Realty and Metal indices rose 2 percent each, while selling was seen in the auto and oil & gas stocks. BSE midcap and smallcap indices ended marginally in the green.
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Topic :- Time:3.20 PM
Just In:
Jyotiraditya Scindia, Narayan Rane, Pashupati Paras, Pritam Munde are likely to be part of the new Modi team as 43 leaders are expected to take oath at 6 PM today.
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Topic :- Time:3.00 PM
Nifty spot if closes above 15840 levels then expects some further up move in the market in coming sessions however this consolidation phase has started bothering day traders now. Let's expect it to end soon and be ready to witness another break out in the market soon.
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Topic :- Time:2.50 PM
Just In:
Health Minister Harsh Vardhan resigns from Union Cabinet.
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Topic :- Time:2.30 PM
GOLD Trading View:
GOLD is trading at 47857. If it manages to trade and sustain above 47900 levels then some upmove can be seen in it and if it breaks and trades below 47800 levels then some decline can follow in GOLD.
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Topic :- Time:2.00 PM
Nifty is showing some momentum however movement is still very slow. Nifty spot if manages to trade and sustain above 15860 levels then more move can be seen in the market and if it breaks and trade below 15820 level then some decline can follow in the market.
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Topic :- Time:1.30 PM
COPPER Trading View:
COPPER is trading at 732.30. If it manages to trade and sustain above 733 level then expect some upmove and if it breaks and trade below 730.80 level then some decline can follow in it.
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Topic :- Time:1.10 PM
Nifty is highly rangebound. Nifty spot if manages to trade and sustain above 15840 then some up move can be seen and if it breaks and trade below 15800 levels then some decline can follow in the market.
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Topic :- Time:12.00 PM
Nifty is rangebound. Traders are advised to trade in small quantities and should wait for clear movement.
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Topic :- Time:11.30 AM
News Wrap Up:
1. Sensex, Nifty volatile; realty stocks up, IT stocks slide
2. Legendary actor Dilip Kumar passes away at 98
3. Former WhatsApp business head Neeraj Arora may rejoin Paytm Board
4. Finance ministry begins an independent survey on faceless scheme
5. Nasper-backed PayU in talks to acquire BillDesk for up to $4 billion
6. Fuel price hike: Petrol price crosses Rs 100/litre mark in Delhi
7. Covid-19 in numbers Cases 30,663,665 | Deaths 404,211 | Vaccination 361,323,548
8. Titan Company dips 3% after June quarter business update
9. Paper stocks on a roll; Star Paper, Seshasayee Paper rally up to 15%
10. NSE clarifies on Nifty Futures freak trade, seeks explanation from broker
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Topic :- Time:11.00 AM
After flat opening nifty is still trading flat. Nifty spot if manages to trade and sustain above 15860 level then expect some upmove and if it breaks and trade below 15800 level then some decline can be seen in the market.
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Topic :- Nifty Opening Note
Indian Stock Market Trading View For Today:
Nifty to turn volatile as the day progresses. Global cues to be eyed.
Nifty spot if manages to trade and sustain above 15840 levels then expect some upmove and if it breaks and trade below 15800 levels then some decline can be seen in the market. Please note this is just an opening view and should not be considered as the view for the whole day.
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