Nifty 50 closed flat with 13 points positive on Expiry trading Session

Market Update


Nifty50 closed at 19475 level on 13th July. Nifty opened flat and touched new high of 19615 and fell from higher levels till 19450, settled flat with the gain of 14 points where as Sensex closed 25 points negative to close around 65395 level on Thursday trading session. Wall Street ended positive in Yesterday trading session, with Dow jones closed with gain of 45 points, European markets closed positive, Asian markets indices closed mixed. The pivot points indicating 19450 is the initial key support level to watch out for, followed by 19400 and 19350. If the index rises it can get resistance again at 19550, followed by 19600 and 19700.
Nifty Levels

Nifty Bank

The Banking Index closed around 44775 level on a negative note, and traded in a range throughout the session and touched 44730 at the lower end and 45135 at the higher side. Pivot point suggesting 44500 can act as initial support zone followed by 44300 & 44200 support zone and on the higher side 45200 & 45500 can act as a good resistance levels.
Bank Nifty Levels

FII & DII data:

Foreign Institutional investors were the Net buyers & bought shares worth Rs 2237.93 crore where as domestic institutional investors were the Net sellers & sold shares worth 1196.68 crore on July 14th.