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Thursday, March 1, 2012

NSE NIfty Trend For Tomorrow 2 March

Stock Market Report Today|NSE Nifty Tips Range Trend Levels For Tomorrow 2 March :- After the announcement of disappointing GDP data, sentiments remained cautious Nifty had soft to cautious start by following wead domestic ang global cues. Losses were seen in capital goods Banking sectors.After trading a choppy session for the market. Nifty slipped below the 5300 levels for a while, touching the intraday low of 5297.50. Nifty finally closed with almost 1% losses. Sensex closed at 17583, down 168 points and Nifty at 5339, down 45 points . Markets have become increasingly volatile. 

ONGC Auction :$2.5 billion share sale receives bids for about 290 mln shares vs 427.8 mln shares on offer.
Nifty Range For Tomorrow 2 March:- Domestic as well as global markets will contribute their influence Indian markets on tomorrow. For Tomorrow for Nifty, immediate resistance is seen near 5425-5430 and then 5500 level. Moving below the mark of 5325 next support levels can be seen near 5275 and then 5240-5235.

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