Home BusinessKey Levels: More upside above 15,350
The markets are likely to open on a positive note owing to strong cues from the global markets. Reliance is likely to be in focus today ahead of its Q1 numbers.
- FIIs raise stake in Nifty firms to 43% - Infra growth, strong earnings propel markets - KEC Int hits 52-week high on Rs 471cr order - Nifty ends up 129pts - Markets surge to higher levels - Mahindra Satyam tops value, volume chart on both exchanges
The Sensex needs to sustain above 15,350-today for further upside. In case, the index sustains above 15,350 for most of the day, then the index may rally up to 15,500-15,700. On the downside, 15,060-15,100 could be a key support today.
The NSE Nifty may face resistance around 4,570-4,600. On the downside, the index may find support around to 4,475-4,445.