Indian Stock Market News:
The Nifty rose as much as 65 points to 9,218, surpassing its previous all-time high of 9,158 hit yesterday, post US Federal Reserve maintained an accommodative stance. The BSE Sensex, on the other hand, gained 239 points in intraday trade to 29,824 level. The Sensex settled the day at 29,649, up 63 points, while the broader NSE Nifty50 ended at 9,160, up 6 points. The Nifty has gained 2.5% so far this week, while the Sensex has climbed 2.85%, in what is their highest weekly gain since the end of January. The index hit an all-time high after the GST council yesterday cleared five draft bills, setting the stage for implementing the landmark tax reform by July 01. These will later be submitted to the parliament and state assemblies for approval. OI increase w.r.t increase in price was seen in ITC and Increase in OI w.r.t Decrease in price was seen in IDEA. 9200 CALL & 9000 PUT showing the highest Open Interest.
Nifty Future and Option Tips For Tomorrow(20 March 2017)
BUY TORNTPHARM FUTURE ABOVE 1467 TARGETS 1482, 1497, 1512 STOP LOSS 1437
BUY APOLLOTYRE FUTURE ABOVE 201 TARGETS 202.50, 204, 205.50 STOP LOSS 198
SELL GLENMARK FUTURE BELOW 880 TARGETS 870, 860, 850 STOP LOSS 900
More Nifty Future and Option Tips For Tomorrow(20 March 2017) By Experts