Stocks report for Indian market is Nifty NSE and Sensex BSE ended marginally up due to weak global cues and the main reason for this stock market marginal end is a very disappointing US employment data as Nifty gained 15 pts to end at 5535 while Sensex was up by 44 pts to settle at 18429. The Stocks report for European markets is not satisfactory and FTSE down 7 pts at 5848, DAX down 13 pts at 7095 and CAC down 29 pts at 3862. Dow future was down 20 pts.
Nifty Technical View:
Nifty 07 June Resistance and Support:
Resistance: - 5570, 5630
Support: - 5510, 5440
The share market trend for nifty is consolidate and it is suggested to Sell nifty on higher.