Nifty remained volatile and ended almost unchanged - Religare Broking
NIFTY
* Nifty remained volatile and ended almost unchanged amid mixed cues.
* On the sectoral front, auto, realty and pharma were the top contributors while IT traded under pressure.
* Stay focused on identifying buying opportunities from the performing sectors and selectively from midcap and smallcap pack too.
* A decisive break above 18,700 would fuel the next leg of up move towards the record high.
BANK NIFTY
* Banking index also oscillated in a narrow range and ended with marginal gains.
* Mostly stocks traded subdued but buoyancy in the Kotak Bank and Axis Bank helped the index to close in the green.
* 43400-43700 critical support zone. Maintain positive bias till it manages to hold.
* Continue to utilize the prevailing phase to accumulate major private banks.
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...