NIFTY BANK and Market Outlook with News, Events and Chart Effects on Market 12-Jan-21
Today Market Open Negative But Trade Positive and Close Day High
Today Market Trade Sideways in Green Zone
Economic Events:-
1. CPI (Yoy) Numbers Previous: 6.93% Current: 4.59%
2. Cumulative Industrial Production Numbers (YoY)Previous: -17.50% Current: -15.50%
3. Industrial Production(YoY) Previous: 3.6% Current: -1.9%
3. Manufacturing Output (MoM) Previous:3.5% Current:1.7%
Where:-CPI=(Consumer Price Index) YoY=(Year on Year) MoM=(Month of Month)
News:-
Private Sector Capex Cycle Should Revive as Growth Impulses Take Root Says RBI Governor
Government of India Announces sale four Dated Securities
News source:-Capital Market
Support and Resistant for Wednesday:-
NIFTY SUPPORT:-14473.80 NIFTY RESISTANT:- 14253.75
NIFTY BANK SUPPORT:-31849.95 NIFTY BANK RESISTANT:-32480
