Moneycontrol PRO
HomeNewsBusinessNifty likely to trade between 10,650-10,750: Dynamic Levels

Nifty likely to trade between 10,650-10,750: Dynamic Levels

Nifty is expected to trade in a range of 10,650 to 10,750 in the current expiry, says a report by Dynamic Levels.

May 29, 2018 / 09:52 IST

Dynamic Levels' Market Outlook:

The Indian Benchmark Index Nifty rallied for the third straight day and is expected to trade in a range of 10,650 to 10,750 in the current expiry. The Index closed at 10,689. The big players in the market, FII and PRO in Index Options have bought in last three days 157066 contracts giving bullish signals for the market.

Recovery in rupee against the dollar also helped the market to edge higher, as it recovered from a low 68.42 to 67.77.

Private and PSU banks, chemicals, automobiles, auto parts and metals and mining were the top performing sectors.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Moneycontrol News
first published: May 29, 2018 09:52 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347