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NIFTY FUTURE
Sensex closed 11.58 points down at 24,673.84, while Nifty 50 index settled 8.75
points up at 7,555.20. Nifty ended the dull trade on a flat note on Friday as
sentiment remained weak in the absence of any positive trigger amid sustained
capital outflows by foreign funds. Muted expectation of fourth quarter earnings
weighed on the domestic sentiment. Asian equity markets ended mostly lower on
Friday after oil prices fell over 1per cent overnight and shares in leading European
and US banks fell sharply on earnings worries. Jindal Steel and Power (JSPL)
shares rallied over 10 per cent on Friday on reports that the Supreme Court has
ruled in favour of JSPL in Sarda mines case. The scrip closed at Rs 66.65.

Technical views:
Nifty future closed at 7578.10 on Friday. Nifty closed Near to the 7550-7600. nifty
may continue bullish trend further, next resistance for nifty may be 7950.

NIFTY DAILY CHART

BANK NIFTY
FUTURE
Bank Nifty trade consolidated in the full trading session and closed at
15652.10 on Friday . bank nifty shown consolidation in on the Daily chart
and also break the level of 16000 . YES BANK (1.66%) and SBIN BANK
(0.63%) is the top gainers in bank nifty future.

Technical views:
Bank nifty trade in the new level of 15500-15600 and consolidated at that
level ,some more range bound movement may be seen in bank nifty, above
the level of 16000 bank nifty may be show the level of 16400-16800.

BANK NIFTY DAILY

CHART

USD/INR
The Indian rupee declined further, opening at 66.72 a dollar on
Thursday, down 7 paise compared to 66.65a dollar in previous session.
As expected, minutes of the Fed meeting in March were dovish. Oil
prices moved higher on fall in US inventory. However, impact of this on
currency markets was muted and the Rupee appreciation was halted by
weak stock market. The US dollar hit a 17-month low against Yen while
Euro inched lower against US dollar.
USDINR STRATEGY R1 66.72 R2 66.78
Pivot Point 66.74

S1 66.50 S2 66.34

EUROPEAN
MARKET
European markets finished broadly higher on Friday with shares in
Germany leading the region. The DAX is up 0.95% while France's CAC
40 is rise by 1.33% and London's FTSE 100 is higher by 1.09%.

EUROPEAN
MARKET
Asian markets finished mixed as of the most recent closing prices. The
Hang Seng gained 0.48% and the Nikkei 225 rose 0.46%. The Shanghai
Composite lost 0.78%.

THA
NK
YOU