Bank Nifty Tips – Bank Nifty Index unlocked down at 18275.60 with -20.50 pts from the last day closing at 18296.10 & closed positive at 18581.60. Bank Nifty unlocked down and moved up with constant buying, Bank Nifty Index unlocked with day low of 18261.90, nearby closing of market Bank Index regained & closed positive at 18581.60 with +1.56%, +285.50 pts up with day high of 18629.15. In the end market day Bank Nifty futures Gained +1.39%, +254.05 pts up to close at +18550.00 from the last day closing at 18295.95 with discount of 31.60 points & percent change in open interest of +13.74%.

The BSE (Bombay Stock Exchange) Ltd. Sensex shutdowns at 28020.87, up 240.04 pts or 0.9 percent over its last close. The Nifty-50 closed at 8453.05, up 84.55 pts or 1 % over its previous close. Around to be 142 shares were unchanged & 1878 shares have moved forward & 907 shares reduced. Banking, IT, Metals, Capital goods & Realty were the top most performing shares of the day with the respective sectoral indices gaining over 1 percent each. Nevertheless, Few market specialist warned about market that it could be volatile near term depending on the newsflow from Europe. They also said , costing of Indian shares were not exactly cheap. We are now down to somewhere closer to about a 20 percent premium; it is not really what I would call particularly attractive or cheap, reports by Religare Invesco mutual funds CIO Vetri Subramaniam told CNBC-TV18.

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