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Nifty Trend For Today Current Nifty trend is looking bullish for intraday prospectus. It has a strong resistance at 5220 if it break this level then it can go upto 5260 level. Although if it trade below 5100 levels then it can change its trend pattern to down.... Get free stock tips here @ http://nifty-futures-tips.blogspot.com

Extending its slide for the second straight day on Thursday, the rupee breached the 64 mark by falling 35 paise to 64.25 against the dollar in early trade on sustained capital outflows by foreign funds amid appreciation of the American currency against others overseas.

The stock market consolidates and compress the early gains. The Sensex is up 132.24 points to 26558.02 and Nifty up 30.35 points to 8013.25. The Indian rupee has opened lower by 9 paise at 64.15 per dollar versus 64.06 on previous day closing.

The stock market has opened flat on Friday after deep cut seen yesterday. The BSE Sensex is up 55.16 points to 26426.15 and 50 share index Nifty is up 10.25 points to 7976.00. Bajaj Auto, Reliance, Wipro, Infosys, and Bharti Airtel are top gainers in the Sensex. Among the losers are Tata Motors, Vedanta, Sun Pharma, Coal India and Axis Bank.

The stock market has opened on slow note but gained its strength, although Greek crisis still continues and drag the global equities. The Sensex start in red but soon it crosses the 100 points up in the market while nifty is also trading in green signals.

The BSE Sensex and NSE Nifty traded down the line in a morning session. Sensex down 38.87 points at 26484.22 and Nifty down 26.20 points 8017.54. Shares of Nestle India rising more than 2 percent on Tuesday morning after its Maggi noodles manufactured in India met Singapore's food safety standards.

The 30 shares BSE Sensex is down 72 points to 26514.55 while 50 share NSE Nifty is down 19.80 points to 7994.60. We also see ambiguity among the investors due to Greece worries to invest in the stock market on the global cues. The market is down and dragged by private banking & financial, metals & oil. Apart from that the power and technology stocks gained.

he Bullion trend of commodity market for Gold prices and Silver prices is Consolidate according to market sentiments. The near term for it is showing sentiments of buying on dips.

Commodity Gold price at MCX rebounded from early losses on Wednesday and Silver price slipped by almost 2% at MCX Index on Wednesday and same is with Crude oil its showing weak market sentiments in the US economic data and the base metals reports for Copper is showing growth concerns.

Market still seems to be in consolidation phase in the near-term. Nifty traded rangebound today and set to close in green with moderate gains. For next trading sessions Nifty is likely to find support in the range of 5475-5425 levels and 5,580-5,625 levels may act as resistance for next trading sessions. If Nifty manages to trade above 5,550 level with high volume than we can see up-move towards 5,600, otherwise on the down side, below 5500 level more correction can be seen in Nifty.

Planned layoffs at U.S. firms fell for a fourth consecutive month in May, reaching the lowest level in eight months and offering another sign that the United States may be pulling out of a steep economic tailspin.

Market has traded above its resistance levels and confirming that it is now come in uptrend. For trading tomorrow if indices trade above 18,450 / 5,540 levels then they are likely to touch 18,588 - 18,700 /5,575 - 5,600 level. On the downside indices have support at 18,380 - 18,250 / 5,480 - 5,440 levels may act support for the day.

Indian multinational restaurant aggregator & food delivery organization Zomato Limited shares slumped more than 8.2% on 30 June 2022 from the last two consecutive trading sessions after the investors inquired about the rationale of Zomato to own the new startup Blinkit.