By Vivek Gupta, CMT – Director Research, CapitalVia Global Research Limited 09 Jan 2015, 06:01 pm
In overseas markets, global markets edged higher on expectations that pessimistic euro zone data could prompt the European Central Bank (ECB) to implement more aggressive stimulus measures. Brent crude futures recovered from the lowest level since April 2009 as investors weighed whether crude's selloff was excessive amid signs of improving demand in the US
Movement of index in near term will be consistently remains on further reform initiatives to be taken by the government and in upcoming session traders should keep an eye on IIP, CPI and WPI numbers will be declared in next week. Also watch the Q3 results of large cap companies like LIC, TCS, Reliance, Wipro etc.
Nifty January Future gave closing at 8311.60 with the weekly loss of 146.80 points.
In near term Nifty is likely to remain volatile as overall breadth of the market was negative having resistance around the levels of 8370 on the upside while having immediate support around the level of 8200.
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IndiGo has announced a new daily nonstop service between Mumbai and Hanoi, beginning October 25, 2026. The new route will expand the airline’s international network and improve connectivity with Vietnam’s capital, giving passengers more options and flexibility for travel between India and Vietnam.
Aviation major Emirates is taking its award-winning Premium Economy experience a step further with the launch of what it describes as the world’s first electrically powered Premium Economy seat, featuring a full-height adjustable privacy screen between every seat.
Air India and Drukair, Royal Bhutan Airlines, have entered into an interline partnership to enhance travel convenience and strengthen network connectivity between India, Bhutan, and destinations beyond.