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Tuesday 1 November 2011

Nifty News 02 - NOV – 2011


The BSE benchmark dropped for the second consecutive session on Tuesday, losing more than 200 points mirroring downtrend in European markets. Investors remain worried over the new EU deal, especially after the Greek prime minister raised concerns over it yesterday. The 30-share BSE Sensex fell 224.18 points or 1.27% to close at 17,480.83 led by sell-off in almost all sectors. The 50-share NSE Nifty slipped 68.65 points or 1.29%, to end at 5,257.95.
European markets saw drastic fall in today's trade after the Greek prime minister sought an unexpected referendum on the new EU aid deal. France's CAC and Germany's DAX plunged over 3.5%. Britain's FTSE lost over 2%. Source :- moneycontrol.com 


RESISTANCE: It has first resistance close to the level of 5440 & above this level the next resistance is seen near the 5500 mark.
SUPPORT: It has first support close to the level of 5330 & below this level the next support is seen near 5220 mark.

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