01-01-1970 12:00 AM | Source: Religare Broking Ltd
Nifty traded volatile and settled marginally in the green amid mixed cues - Religare Broking
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Nifty

* Nifty traded volatile and settled marginally in the green amid mixed cues.

* Mixed trends on the sectoral front kept the traders busy. Metal, energy and auto were among the top contributors.

* Continue with a positive bias while maintaining focus on stock selection.

* Apart from the key sectors, choose selectively from midcap and smallcap space as well.

 

Banknifty

* Banking index remained in a range for yet another session and ended flat.

* Decline in Kotak Bank, HDFC Bank and Axis Bank capped the upside while ICICI Bank and SBI closed in the green.

* Hovering in a narrow range around its record high. Close above 44000 would prompt fresh momentum.

* Seeing selective buying in the PSU space also. Stick with top names viz. SBIN, Bank of Baroda and Canara Bank

 

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