Daily Market Analysis : Markets remained volatile on the monthly expiry day Says Mr. Ajit Mishra, Religare Broking
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/a858577e741b21e9c445527324967dbc.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below Quote Daily Market Analysis 23 February 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd
Markets remained volatile on the monthly expiry day and closed marginally lower, in continuation of the prevailing corrective phase. After the flat start, the Nifty index oscillated in a narrow range and finally settled at 17,511.25 levels; down by 0.25%. Mostly sectoral packs traded in sync with the benchmark and ended lower wherein energy, realty and consumption were among the top losers. Meanwhile, the broader indices showed resilience and ended almost unchanged.
Though we may see some respite after the recent fall, the tone is likely to remain negative citing subdued cues. Apart from banking and financials, other sectors are also facing the heat now. Considering the scenario, participants should continue with the “sell on rise” approach until we see some signs of reversal.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Apollo Hospitals_03july.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shivam Thakral, CEO of BuyUcoin.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manhar Garegrat_po.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dilip Chenoy, Chairman, Bharat Web3 Association.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Titan Company_.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indian Statergy_03july.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/coal37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/ashwini37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/pharma.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/cc796169e4f7c012914c95f4a8efe430.jpg)
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
![Daily Market Analysis : Markets traded volatile on the monthly expiry day and lost nearly half a percent Says Mr. Ajit Mishra, Religare Broking](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/56522ea48c2bf21cf1ad02b34c5a3647.jpg)
![Daily Market Analysis : Traders should align their positions accordingly and focus more on risk management Says Mr. Ajit Mishra, Religare Broking](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/77a47a6a80229d31900a9c1f17e663bf.jpg)
![Market Analysis : Markets traded dull and ended marginally lower, taking a pause after the recent bounce says Mr. Ajit Mishra, Religare Broking Ltd.](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/7881cac5b8e0da65ed9e6e523bdf1fc6.jpg)