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Tuesday, February 28, 2012

Stock Market Report>Nifty Tips For Tomorrow 29 Feb

Stock Market Report Today|NSE BSE Tips|Nifty Range For Tomorrow 29 February:- After four days successive losses, traders smiled with the glow of profit today. Indian equity markets made a robust gain with sectors related to interest rates made significant profit. We saw positive cues coming from everywhere that helped bulls to roar the return cheer to the markets. All the sectors including  Realty, Capital Goods, Banking Metal, Auto and Power  traded in the green zone. Only IT and FMCG closed in red under selling pressure. The BSE Sensex, made high of 17,776.82, ended with a gain of 285.37 points at 17,731.12. The NSE Nifty closed with a gain of 94.30 points at 5375.50 which is slightly off the day's high of 5391.10.

Nifty Range For Tomorrow 29 Feb: Markets is looking highly volatile. Tomorrow on the last day of month, movement of Nifty will be influenced by the announcement of Q3 December 2011 gross domestic product (GDP) by the government. Apart from domestic events, global developments too will continue to influence the market sentiments. Immediate resistance exist at 5425-5430 and then 5500 level on the upside and support exists at 5325 and then 5275 on downside.

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