Market closed positive in 5th consecutive session. But market breadth was not very strong. 1427 share advanced 1313 shares declined on BSE. Signals of getting good mansoon & decision to hold on rate hike by Fed helped market to go high.
Nifty closed 8174 yesterday. Now 8210 & 8260 are the immediate resistance for Nifty.
RIL was the biggest gainer on Sensex about 5%. ONGC & Tatamotors were other stocks gained more.
Bank Nifty has a good session & gone up to 17750. but failed to sustain at high levels & closed at 17683.
Market may be range bound & may have some profit booking in the market.
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