Sensex raised 0.59 % @18,793.44 pts; Nifty raised 0.58 % @ 5,717.15 pts. NASDAQ was fell 2.19 %, Dow Jones Industrial Average was fell 1.52 %. Europe's major indices CAC & FTSE were up 0.08%-0.2%, DAX down 0.03%.
(prHWY.com) October 23, 2012 - indore, India -- Market Wrap
Sensex raised 111.13 pts @18,793.44 while Nifty raised 32.90 pts @5717.15.
Indian shares rose after strong earnings from blue-chip companies such as L&T and
TCS lifted market sentiment. Gains in banking stocks such as ICICI Bank on expectations the RBI may cut CRR. Indian rupee, too gained 29 paise to 53.54 Vs USD.
TECHNICALVIEW
NIFTY SPOT TREND-CONSOLIDATE
RESI 1: 5750
RESI 2: 5830
SUPP 1: 5635
SUPP 2: 5540
STRATEGY: BUY ON DIPS
BANK NIFTY FUTURE TREND- CONSOLIDATE
RESI 1: 11720
RESI 2: 11860
SUPP 1: 11390
SUPP 2: 11250
STRATEGY: BUY ON DIPS
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