SEBI Updates and nifty levels for tomorrow

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SEBI Updates

SEBI plans to allow only top 100 companies by market capitalization to auction their stakes to investors, The Sebi board, which is scheduled to meet today, will also discuss changes in regulatory framework in order to enable public sector units to buy back shares from the government.

Market review

Today was grate day for cash market The Sensex gained over 400 points and registered day’s high at 15,970.31, and Nifty rose as high as 4,773.10. The markets have opened strong after a choppy session yesterday.

Nifty levels for tomorrow:

Nifty future resistance levels: 4830 and 4920
Nifty futures support levels: 4730 and 4690

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