HDFC Securities says immediate support is placed at 14750 and on the higher side 14970 could act as immediate resistance
HDFC Securities says that the Indian benchmark equity indices broke a four-day winning streak on May 11. Nifty opened gap down due to weak global cues, but inched up gradually through the day with some volatility. At close the Nifty50 was down 0.61% or 91.60 points to 14,850.75. Volumes on the NSE were above recent averages. Among sectors Oil & Gas, Power were the main gainers while Metals, IT and Banks were the main losers
HDFC Securities say that immediate support is placed at 14750 and on the higher side 14970 could act as immediate resistance: Reuters