How did NIFTY perform today?

NIFTY up for the ninth straight day on hopeful monsoon forecast. The 50-share NSE index NIFTY rose 0.19% to settle at 10548.70 on Tuesday.  The Indian benchmark NIFTY retreated from day’s low to close higher for a ninth straight session, marking their longest winning streak in over three years. The sentiment in India took a hit after the Indian Meteorological Department on Monday predicted normal rains for this year, which raised the possibility of economic growth in Asia’s third-biggest economy.

Looking overseas, European markets trading higher while Asian markets finished mixed as of the most recent closing prices on Tuesday. The Global equity market edged up today as investors attention shifting towards the first-quarter earnings season from the geopolitical tensions and trade war fears.

Among sector gauges compiled by the NSE NIFTY REALTY, NIFTY FMCG and NIFTY FIN SERVICE excelled as top sectoral gainers while NIFTY PSU BANK, NIFTY MEDIA and NIFTY PHARMA are top sectoral losers.

From the NIFTY 50 basket of shares, POWERGRID, HINDUNILVR, TITAN, BHARTIARTL and ICICIBANK outperformed as top gainers while INFRATEL, AXISBANK, WIPRO and SUNPHARMA are the top losers.

Best list of shares to watch tomorrow 18 April

DCBBANK: This stock surged by 6.39% and finished at Rs.202.3 on Tuesday. This stock is trading volume inflated 8.5 times with numerous intraday trades. This stock is currently settled above the recent resistance zone and the short-term support is around Rs.159.

POWERGRID: This stock increase by 2.86% and ended at Rs.204.9 on Tuesday. This stock is trading volume inflated 2.5 times with 60% of the trades are taken for delivery. This stock is currently settled above the recent resistance zone and the short-term support is around Rs.191.

DHFL: This stock increase by 2.85% and settled at Rs.589.55 on Tuesday. This stock is trading volume inflated 129% times with numerous intraday trades. This stock is currently settled above the recent resistance zone and the short-term support is around Rs.495.

M&M: This stock trading volume inflated 116% with 62% of the trades are deliverable volume. The strength of the bulls is visible through the todays gap appeared in the daily chart. This stock is currently settled above the recent resistance zone and the short-term support is around Rs.728.

CONCOR: This stock strengthened by 3.11% and closed at Rs.1365.55 on Tuesday. This stock is trading volume inflated 99% with 59% of the trades are taken for delivery. This stock is currently settled above the recent resistance zone and the short-term support is around Rs.1173.

JETAIRWAYS: This stock surged by 4.84% and to close at Rs.643.8 on Monday. This stock is one among the top traded stocks with numerous intraday trades.  Derivative traders were aggressive in adding long positions and Open interest gained by 8.99%. This stock is currently trading inside the trading range and the support is seen around Rs.597 and resistance is seen around Rs.696.

OFSS: This stock trading volume inflated 264% with 75% of the trades are deliverable volume at last trading session. This stock is currently settled above the recent resistance zone and the short-term support is around Rs.3728.

BRITANNIA: This stock trading volume inflated 101% with 66% of the trades are deliverable volume at last trading session. This stock is currently settled above the recent resistance zone and the short-term support is around Rs.4807.

L&TFH: This stock trading volume inflated 118% with numerous intraday trades at last trading session.  The intensity of the buyers is recognized by the opening gap appeared in the daily chart. This stock is currently settled above the recent resistance zone and the short-term support is around Rs.152.

HINDUNILVR: This stock trading volume inflated 66% with 70% of the trades are deliverable volume at last trading session. This stock is currently settled above the recent resistance zone and the short-term support is around Rs.1294.