Tuesday, 21 July 2015

Sensex, Nifty gain Parliament monsoon session begins

The market remained marginally higher amid consolidation. The Sensex gained 92.65 points at 28512.77 and the Nifty rose 29.35 points to 8632.80. About 1112 shares have advanced, 905 shares declined, and 124 shares are unchanged on the BSE.

The monsoon session of Parliament has begun today. Important legislations like the land bill, the GST Bill and the real estate bill may be discussed. Midcap and Smallcap shopping streak continue in business today.

Market experts say that today the range of 8500-8550, these 50 points will work and the upper side of the support for the Nifty crossed the 8625 market may not stand out so can get to see some short covering.

These short-covering market towards 8700 today or in the next 2 days may try to move. 8550 and 8625 will be the first to market a small range.

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