Market Update
Benchmark indices surged to new life time high continuing the buying rqally for the third day despite weak performance by global peers.Nifty remained bullish trading on its native buy trend and settled at. Pharma stocks were the major losers of the day while IT shares were the major gainers of the day.
Global Markets
Norwegian Air hopes to agree compensation from Boeing by year-end over the grounding of the 737 MAX, European shares edged higher on Thursday, with a pre-holiday lull making for a quiet trading session aside from a handful of corporate updates. The pan-European STOXX 600 (STOXX) rose 0.2% by 0821 GMT, with media, healthcare and utilities sectors leading gains.
Nifty Chart
Nifty Outlook
Nifty50 closed higher at 12259.70 level, +38.05 points, or +0.31 per cent. Nifty Support : 12220 and 12200 Resistance : 12290 and 12320.
