Wednesday, April 24, 2019

MARKET REVIEW OF 24 APR 2019


Nifty50, after consolidation, gained solid strength in last hour of trade and snapped three-day losing streak on April 24 as bulls staged a comeback, driven by banking & financials and technology stocks.The index closed above 11,700 levels ahead of expiry of April derivative contracts and formed strong bullish candle on daily charts .11,564 is a crucial level for bulls to sustain momentum adding the correction phase may end if the index closes above 11,787. Buzzing stocks ACC falls 5% to Rs 1,578 on lower-than-expected Q1 operating performance.UltraTech Cement rebounds 5% from day's low on strong Q4 results.Indiabulls Real Estate surges 13% on divestment plan of unit Century

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