Banking index also maintained its positive tone and rose nearly a percent - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Nifty
* Nifty traded buoyant on the weekly expiry day and gained nearly a percent.
* Mixed trend was witnessed on the sectoral front. Financials and metal posted decent gains.
* Apart from banking and financials, seeing rotational buying across sectors.
* Surge in the index shows more leg to the prevailing up move. Align positions accordingly
Banknifty
* Banking index also maintained its positive tone and rose nearly a percent.
* Most of the stocks participated in the move wherein HDFC Bank outshined others with strong margins.
* Surpassed the hurdle at 43,500. Looks set to retest the record high zone i.e. 44,150 now.
* We maintain our bullish view but suggest staying selective.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
