Closing Bell: Sensex, Nifty end flat amid volatility; realty, PSU Banks outshine
Ajit Mishra, VP- Exploration, Religare Broking . Requests ended nearly unchanged in a unpredictable trading session, mirroring the former session’s move. The standard opened on a negative note amid weak global cues and drifted further lower due to profit booking in FMCG, IT and financials. Still, a answer in the ultimate pruned all the losses and helped the indicator to close on a flat note. Among the standard indicators, Nifty managed to settle above situations A mixed trend was witnessed on the sectoral front while the request breadth was inclined on the advancing side. Requests will first reply to macroeconomic data in early trade on Monday. On the global front, the forthcoming Fed match will remain in focus along with the updates on the new variant Amidall,wereiterate our view to maintain a positive yet conservative approach and concentrate more on stock selection. Nifty requirements to hold the 17300-17400 zone for farther recovery. gaurav Ratnaparkhi, Head of […]
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