Live Market Update: Markets trade higher; PSU Bank outperforms

Nifty PSU Bank index is among the top outperformers gaining ~2.6% led by SBI & Canara Bank, which have added fresh long positions, since the start of today’s trade.

Apr 01, 2019 06:04 IST India Infoline News Service

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Indian equity markets were trading on a positive note in Monday's noon session with the Nifty and the Bank Nifty holding their opening gains.

The Nifty PSU Bank index is among the top outperformers gaining ~2.6% led by SBI and Canara Bank, which have added fresh long positions, since the start of today’s trade.

The Nifty and the Bank Nifty futures continued to add fresh open positions. The rise in underlying price is indicating a continued positive bias in today’s trade. Immediate resistance levels for the Nifty stands at 11,700, a break above it can lead to the fresh rally upto the 11,800-mark.

India VIX is trading 3.75% lower at 17.8.
 
 
Top 2 F&O Gainers: Tata Motor DVR & TATA MOTOR
Top 2 F&O Losers: REC & JET
Nifty +65 @11,689
Bank Nifty +95 @30,523

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