The S&P BSE Sensex closed at a fresh closing peak of 40,653.74, up 184 points or 0.45 per cent, led by heavy buying in Reliance Industries (RIL), HDFC, ITC, Infosys, and HDFC Bank. Pharma major Sun Pharma (up 3 per cent) ended as the top gainer on the index after the company reported a profit of Rs 1,064 crore for September
quarter of the current fiscal against loss of Rs 269.60 crore in the year-ago period. YES Bank, on the other hand, slipped over 3 per cent to Rs 66.5 after the global rating agency Moody’s placed the private lender’s foreign
currency issuer rating of ‘Ba3’ under review for downgrade. Volatility index India VIX fell over 4 per cent to 15.10 levels.Nifty Chart
quarter of the current fiscal against loss of Rs 269.60 crore in the year-ago period. YES Bank, on the other hand, slipped over 3 per cent to Rs 66.5 after the global rating agency Moody’s placed the private lender’s foreign
currency issuer rating of ‘Ba3’ under review for downgrade. Volatility index India VIX fell over 4 per cent to 15.10 levels.Nifty Chart
Nifty Index closed 0.42% above at 12016.10 on 07.11.2019. We recommend Buy on dip near 11980-11960 with strict stoploss below 11920 for target 12000 and 12050 in Intraday. Nifty Support : 11920-11880, Resistance : 12000-12050.
