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Friday, January 15, 2021

BANK NIFTY Recap 15-Jan-21

NIFTY BANK and Market Outlook with chart, News and Events Effects on Market 15-Jan-21(Friday)

BANK NIFTY Chart

Today Market trade in negative zone
Economic Events:-

Deposit Growth YoY JAN/01                Previous:11.3%     Current: 11.5%

Foreign Exchange Reserves 08/JAN     Previous:$585.32B  Current: $586.1B

Bank Loan Growth YoY JAN/01          Previous:6.1%          Current: 6.7%

Balance of Trade Final DEC                 Previous:$-9.87B%  Current: $-15.44B

Exports Final DEC                                Previous:$23.52B    Current: $27.15B

Import Final DEC                                  Previous:$33.39B    Current: $42.59B

Events Data fromTrading Economics


News :-

IMF(International Monetary Fund) Says Farm Bill Have Potential represent A significant Step Forward for Agricultural Reforms in India

Passenger Cal sales Jump 8.26% on Year in December 2020

RBI Announces Open Market Operations Purchase of Government of Indian Securities for RS 10000 Crore

Indian Merchandise Exports Up Slightly On Year December 2020

News Data FromCapital Market


Support and Resistant for Monday:-

NIFTY Support :- 14550.05                    NIFTY Resistant:-14594.35

NIFTY BANK Support:-32600              NIFTY BANK Resistant:-32600