Market Review:
The global market move down ward Nikkei slumped 1% to 8,463, Shanghai Composite dropped over 2% each. Domestic market ended in the red BSE market breadth was fairly negative. BSE benchmark closed at 16775.87 points down by 106.8 or -0.63%. While NSE benchmark nifty 5030.45 points down by 38.05 or -0.75%.
Market News:
cabinet has approved foreign direct investment of up to 26% in the pension sector, According to RBI total receipts from services exported stood at $11.89 billion in August while September services exports fell by 5.6% year-on-year to $11.22 billion.
Nifty Trading levels:
Nifty Future resistance levels S1-5120, R2-5170
Nifty future support levels S1-5020, S2-4970
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