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NIFTY
FUT U
RE
Sensex closed 36.20 points, or 0.14 %, up at 25,880.38. Nifty settled 2.70 points, or 0.03 %,
down at 7,912.05. banking stocks rallied on a media report the Reserve Bank of India
trimmed the list of companies whose loans need to be provided for against the risk of
default. Asian equity markets ended mostly higher on Thursday as oil prices rallied and the
yen resumed its decline on expectations of further easing from the Bank of Japan next week.
The European Central Bank meeting due later in the day, although no change in policy is
expected after unprecedented monetary stimulus at the March policy meeting. Japanese
shares rose, as oil prices bounced back and positive US housing data as well as expectations
of further policy easing from the Bank of Japan weakened the yen to near the 110 level.

Technical views:
Nifty future closed at 7913.35 on Thursday. Nifty break it Psychological level of 7900 if nifty
trade above and sustain on that level, nifty may continue bullish trend further, next
resistance for nifty may be 7950.

NIFTY
DAILY
CHAR
T

B A NK
NIFTY
FUTU
RE

Bank nifty open gap up in the morning and made new high of 16769.55 in the
previous one hours of the trading. bank nifty after that shown consolidation
and followed the range of 16500-16700. Above 16800 we can see the new level
of 17000 in bank nifty soon. ICICI BANK (6.30%) and SBI BANK (3.76%) is
the top gainers in bank nifty future.

Technical views:
Bank nifty Open high at 16576.00 , to its previous closing 16385.65 on
Wednesday & trade between the level of 16400-16800 above that level bank
nifty technically may touch the new level of 17000-17300 soon.

BAN K

NIFTY
D
AILY
CHAR
T

USD/
I NR
The Indian rupee opened lower by 10 paise at 66.32 per dollar Thursday against
previous close of 66.22. Sharp rise in oil prices has failed to trigger significant
currency movements. Ahead of next week's FOMC rate setting meeting,
currency markets are expected to be subdued. Dollar edged up against a basket
of major currencies. Euro flat ahead of the ECB meet today. The central bank is
not expected to make any policy change at its rate-setting meeting on Thursday.

USDINR STRATEGY
Pivot Point 66.74

R1 66.36
S1 66.13

R2 66.50
S2 66.04

EURO
PEAN
MARK
ET
European markets finished slightly negative with shares in Germany leading
the region. The DAX is up 0.14% while France's CAC 40 is down 0.20% and
London's FTSE 100 is up 0.45%.

ASIAN

MARK
E

Asian markets finished mixed as of the most recent closing prices. The Nikkei
225 gained 2.70% and the Hang Seng rose 1.82%. The Shanghai Composite
lost 0.66%.

THAN
K YOU