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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- Bengal Guv R. N. Ravi inaugurates Chaltabagan Lohapatty Durga Puja’s 84th edition ‘Nishan — The Mark’
- Sundeep Bhutoria brings Bengal’s Mahalaya to the nation in Hindi – Mahishasur Mardini ki Gatha
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- National Award-winning ‘Ramnami’ puts spotlight on community behind Chaltabagan’s ‘Nishan’ theme
- Thiagarajar Polytechnic College receives Education Excellence Award for the fifth time
- Sona College of Technology's 25th graduation day: 1,325 students receive BE, BTech, ME, MCA, MBA and PhD degrees
- ‘We are the worst storytellers’: Suhel Seth on India’s failure to market itself at 'Kitaab' book launch
Indian airline Air India has unveiled a new collection of amenity kits and loungewear for guests travelling on its international flights.
Emirates will introduce its Airbus A350 aircraft on its daily Dubai–Mauritius route from November 1, 2026, replacing the Boeing 777 currently operating the service. The new aircraft will operate flights EK709 and EK710 between Dubai and Mauritius, the airline said.
Lufthansa has launched a new nonstop service between Kuala Lumpur and Frankfurt, with the first flight operating on October 26. The route connects Malaysia’s capital with Frankfurt, one of Europe’s major aviation hubs.