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Published on 28/10/2021 4:27:50 PM | Source: Angel One Ltd

Quote on Market closing Commentary By Mr. Yash Gupta, Angel One Ltd

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Below is quote on Market closing Commentary by Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd   

Market has seen sharp Sell-Off on monthly future & Option expire. Nifty close at 17857 (-1.94%) and Bank Nifty at 39508 (-3.34%), we have seen a sharp selloff in the broader market, several midcaps and small caps are down by more than 5% today. Since last week we are suggesting retail investors be cautious on market and we continue to be cautious on market. We expect the market to be volatile in the coming week along with that several IPOs are lined up which take the liquidity off the market.

 

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