Friday, November 29, 2019

MARKET VIEW OF 29 NOV19


       TODAY MARKET UPDATE 
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The Sensex is down 336.94 points or 0.82% at 40793.23, and the Nifty down 92.70 points or 0.76% at 12058.50. Benchmark indices extended the morning losses and trading near day's low level.After posting gains in the previous two straight sessions, bourses witnessed sharp profit-booking on November 29 with Sensex falling below 41,000 and Nifty starting the December series on a weak note.Indian market is witnessing profit-booking ahead of the country's second quarter GDP data which is likely to come lower than 5 percent or maybe even near a decade low level.

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