Daily Market Analysis :Markets remained range bound for yet another session and ended marginally higher Says Mr. Ajit Mishra, Religare Broking
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/ae1ccf457ff2b77f70f7f1f0180afd58.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 02 June 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd
Markets remained range bound for yet another session and ended marginally higher. Initially, upbeat global cues triggered a gap-up start in Nifty but profit taking pared all the gains in no time. It rebounded again as the day progressed but couldn’t surpass the day’s high and finally settled at 18,534.10 levels. Meanwhile, a mixed trend on the sectoral front kept the traders busy wherein realty, metal and auto posted decent gains. The broader indices maintained their positive tone and gained nearly half a percent each.
Mixed global cues combined with a lack of decisiveness in the banking pack are causing uncertainty. However, rotational buying in other sectors and outperformance of the broader indices are helping the traders to put on a brave face. Amid all, we recommend maintaining a stock-specific approach and waiting for clarity
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Bullion Outlook.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jainam share consultant.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Advisory.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Ministryfinance010324.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/ICICI Direct IMAGE.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/shein.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/arete securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _12.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.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...
![Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f1fa5f12be5ac87ff9258ea3909f0f8.jpg)
![Nifty registers best week in 2 months after rising for 6 consecutive sessions](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/95f11bf3e1fc515ff0aed747520314dc.jpg)
![Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f33c3d1dad571464e55a94475ae32892.jpg)