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On Monday week started well in the market but there was profit-booking at upper levels and the Nifty closed at close to 10800 But that there can be a lot of ups and downs in the market from here. The Nifty will be consolidated in a small range, but to estimate the direction of the market, a breakout above 10,900 or a breakdown below 10,600 will be required. Till then we remain in a no trade zone. If the market is going to decline then it is a very perfect zone. Today, there was more pressure in the bank shares where the bank Nifty closed down 300 points. However, IT, Metal and FMCG were buying stocks. today the Realty stocks closed around 2%, the Private Bank stocks closed 1% At the same time, Pharma stocks closed at 0.40%, Metal stock1.50% & IT stocks rose by 1.70%.while HDFC twins ended the session off their respective lows but ended 2% lower and contributed the most in terms of points to the nifty downside.
TOP GAINERS-TECHM, HINDALCO, JSWSTEEL, RELIANCE
TOP LOSERS-HDFCBANK, SBIN, ICICIBANK, GAIL, NTPC
On Monday week started well in the market but there was profit-booking at upper levels and the Nifty closed at close to 10800 But that there can be a lot of ups and downs in the market from here. The Nifty will be consolidated in a small range, but to estimate the direction of the market, a breakout above 10,900 or a breakdown below 10,600 will be required. Till then we remain in a no trade zone. If the market is going to decline then it is a very perfect zone. Today, there was more pressure in the bank shares where the bank Nifty closed down 300 points. However, IT, Metal and FMCG were buying stocks. today the Realty stocks closed around 2%, the Private Bank stocks closed 1% At the same time, Pharma stocks closed at 0.40%, Metal stock1.50% & IT stocks rose by 1.70%.while HDFC twins ended the session off their respective lows but ended 2% lower and contributed the most in terms of points to the nifty downside.
TOP GAINERS-TECHM, HINDALCO, JSWSTEEL, RELIANCE
TOP LOSERS-HDFCBANK, SBIN, ICICIBANK, GAIL, NTPC
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