WHAT SHOULD INVESTOR DO ON FRIDAY ?

Today market ended a volatile session on a positive note despite a sharp rise in covid-19 infections across the country. Firm global cues boosted the market sentiments.After the imposition of restrictions by the Maharashtra government, delhi also announced a weekend curfew to tame the spread of the deadly virus, now market is becoming more cautious as states increase restrictions due to the havoc created by the virus. Growth-oriented sectors and stocks are losing momentum, while defensives like pharma, FMCG & IT are gaining.States, however, will not opt for a complete lockdown like last year but high valuation will lead to a phase of short-term consolidation.

Among the blue-chip stocks, tcs was the top gainer, rising 3.96 per cent. Wipro, cipla, ongc, icici bank, hdfc bank, adani ports, tata steel, indian oil and sbi life insurance were other gainers. Share price of software services major wipro gained around 3% today ahead of the company's announcement of its fourth-quarter results for financial year 2020-21. Today wipro opened the trading session wipro opened at 418.90, touching an intraday high of  430 &  an intraday low of  415, in the session so far, against its previous close of  418.95 wipro was last trading at  2.70 % higher at  429.95.
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