Market's Morning Overview For 24July, 2015

Bank Nifty Futures Tips

Bank Nifty Futures Tips – Bank Nifty Index opened up at 18990.85 with -6.15 pts down from last day closing at 18997.00 and closed negative at 18865.00. From the opening we saw continuous selling in Bank Index, Bank Index opened with day high of 19091.45 and slided down, near closing of the market Bank Index traded with day low of 18819.25 and closed negative at 18865.00 with -0.69%, -132.00 pts down. In the end, Bank Nifty futures Gained Loosed -0.79%, -150.50 points down to close at -18906.30 from the last day closing at 18997.00 with premium of 41.30 points and percent change in open interest of +0.08%.

Few Market Headlines

Nifty ends below 8600; Sensex slides 134 pts; Lupin tanks 5%

Bajaj Auto Q1 profit up 37%; revenue, EBITDA miss forecast

Axis Bank Q1 profit seen up 17%; advances may remain strong

Indian Bank : Eyeing 13% credit growth; 150 new branches

Sensex fell down 134 pts: Bajaj Auto, Lupin plunge; Cairn up 6%

New Chennai plant can make 20,000 engines/yr: Force Motors

Gold soon might touch Rs 23500 per 10 gram: AnandRathi

Lupin may see degrowth again, Q1 net seen down 8.4%: Poll