Daily Market Analysis : Markets traded volatile and settled marginally lower Says Mr. Ajit Mishra, Religare Broking
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/05/eb970cc2aaf0dc713e47432c5196549d.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 24 May 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd
Markets traded volatile and settled marginally lower, taking a breather after the recent up move. After the initial downtick, the Nifty oscillated in a range and finally settled around the day’s low at 18,285.40 levels. Most sectors traded in sync with the trend and ended lower wherein metal, banking and financials were among the top losers. Meanwhile, the outperformance continued from the broader front as they managed to end flat to marginally in the green.
With the major earnings behind us, participants are eyeing global markets for cues but they’re not offering any clarity as of now. In between, sectors like banking and financials, which have considerable weight in the index, are largely dominating the move. While the tone is still positive, we feel participants should limit positions and wait for further clarity.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
Top News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/07/ac1a6dbd4c045a1cdccefb49f2884f27.jpg)
Axis MF introduces Floater Fund
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)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/broker_1.jpg)
Post market comment by Mandar Bhojane, Research Analyst, Choice Broking
![Market Watch: Yet, momentum favours upsides which encourages us to look for 19394 today Says Anand James, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/e34c547b977d3bfcfe10c28b26aeaa61.jpg)
![Most Mid Market Update : Nifty opened with gap down and is stuck in a range but sustaining at higher levels By Chandan Taparia, Motilal Oswal Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/41bd8c9163eef75b63c421e7512ff3c1.jpg)
![Quote On Nifty : The momentum indicator remains with a bearish crossover, implying weakness Says Rupak De, LKP Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/12/9570cecbd66c13e6a47901f3ae6168e5.jpg)