Moving closer to ending the year as a slowdown in market share is increasing. Even today, there was no bad news. But the Sensex - Nifty slipped 1 per cent. A similar decline in small and medium stocks. Expiry of the stock market yesterday. The market will slow in today's business. Volatility in the market today is not the only pressure. Today Nifty closed 4,705.80 by losing 44.70 points or down by 0.94%.
In today's business heavyweight stocks Jindal Steel, ICICI Bank, Mahindra & Mahindra, Hindalco, Wipro, PNB, Kern India and Reliance Infrastructure 2.5 to 7.3 per cent of the most are down and turned away. Although giant DLF, Cipla, Tata Power, BHEL, NTPC, Infosys and strong power grid and ended around 1-3 percent.
Nifty is looking consolidate for tomorrow's session. It is looking bullish in next trading session if it manages to trade above the Resistance level of 4800, else below Support level of 4620 it would be in an down trend.