Sensex & Nifty 50 Gain Today, Banks And IT Gleam

Sensex & Nifty 50 Gain Today, Banks And IT Gleam

The Nifty 50 Index opened with a gap up at 17711 with more than 150 points and almost closed at 17,659 on Thursday, August 11, 2022. The nearest support and resistance in the next trading session will be 17,560 and 17,717 respectively. The leading sectors were Nifty PSU Bank (2.38%), Nifty IT (1.79%) and Nifty Financial (1.57%). While the Sensex closed at 59,332.60 gaining a profit of 515.31 points (0.88%).

Nifty 50 Performance

To know better about the market you can check the video provided above that contains Nifty 50 option chain analysis data.

Top Gainers And Losers Today

The top Indian stocks that saw a bullish and bearish performances as per NSE are:

nifty50-gainers-losers

The Nifty 50 witnessed a sideways to downtrend movement based on today’s intraday perspective. A big move was estimated to happen on either side in the coming trading sessions where it is anticipated that the move will come upside. The anticipation was almost accurate and it is still at daily trendline from where it took rejection 3-4 times. Today’s data analysis states that the bulls have complete control over the Nifty50 market. If the Nifty breaks 17,171, we can further see a bull rally.

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Sahil Patil

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1 Comment

  • Very good write-up. I absolutely appreciate this site. Thanks!

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