Quote on Closing market commentary By Mr. Yash Gupta, Angel One Ltd

3/12/2021 4:11:31 PM | Source: Angel One Ltd

Quote on Closing market commentary By Mr. Yash Gupta, Angel One Ltd

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Below is quote on Closing market commentary By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd

Market continues its volatility, Nifty close at 17196 (-1.18%) and Nifty Bank at 36197 (0.85%).

The market opens in green on the back of positive global clues buy by afternoon given all its gain and close at down by 1.18 nifty and nifty Bank down by 0.85%. We have seen a complete week of volatility, India Vix has touched the levels of 23.8 and now trading at 18.4, volatility continues in the global market also due to the Omicron variant of Covid 19. We expect the market to continue its volatility in the coming weeks also. S&P BSE Energy down by 2.3%, S&P BSE BANKEX down by 1% while S&P BSE CAPITAL GOODS up by 0.76%.

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Quote on Closing market commentary By Mr. Yash Gupta, Angel One Ltd

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