Morning Release for 18 July, 2018
Nifty ended the session on a highly positive note with a change of +0.65% at the levels of 11008.05. Nifty is expected to open positively with an immediate upside resistance of 11050-11100 and a support of 10990-10950.
Indian shares snapped two straight sessions of losses on Tuesday, helped by gains in financial stocks, such as, ICICI Bank Ltd. and oil companies including Hindustan Petroleum Ltd.
The broader NSE Nifty closed 0.65% higher at 11008.05, while the benchmark BSE Sensex rose 0.54% to 36519.96. ICICI Bank ended 2.80% higher while Hindustan Petroleum finished 6.40% firmer. However, consumer stocks ended lower, with Hindustan Unilever Ltd. shedding nearly 4%.
Pivot Levels for 18 July, 2018