MARKET OUTLOOK - 31ST JULY 2013..

The Nifty fell for a fifth successive session on Tuesday and wiped out all gains made so far this month, after the rupee's fall to below the key psychological level of 60 to the dollar hit oil importers.

The Nifty fell 1.31 per cent to 5755.05, its lowest close since June 27.The Sensex closed down 1.25 per cent at 19,348.34, its lowest since July 10.

Nifty future yesterday made high 5905 , low 5787.30 and close at 5797.55.Nifty future resistant 5840-5880 on trading basis.

Posted in: Indian Market Tips