The markets had a disastrous session of trade as the banking regulator's move to hike the interest rates by 50 basis points, led to a trail of selling in the rate-sensitive space. The NSE benchmark index S&P CNX Nifty, down -136.05 points or -2.39 % at 5565.25.
The Nifty futures closed and settled finally at 5562.25, down by -163.15 or -2.85 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5510 else above resistance level of 5726 it would be in an upward trend.
RESISTANCE: 5726 & 5790 mark.
SUPPORT: 5510 & 5415 mark.
The Nifty futures closed and settled finally at 5562.25, down by -163.15 or -2.85 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5510 else above resistance level of 5726 it would be in an upward trend.
RESISTANCE: 5726 & 5790 mark.
SUPPORT: 5510 & 5415 mark.
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