Banking index traded volatile in a defined range and settled marginally higher - Religare Broking
![](https://portfolio.investmentguruindia.com/uploads/news/691c9d50a8ff594ec4d2a6ce5ff9a09b.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
NIFTY
* Nifty traded volatile on the weekly expiry day and ended marginally higher.
* Mixed trend on the sectoral front kept the traders busy. Metal and Realty posted strong gains while FMCG ended on a muted note.
* The rotational buying across sectors is helping the index to inch gradually higher amid mixed global cues.
* Maintain focus on stock selection and prefer index majors
BANK NIFTY
* Banking index traded volatile in a defined range and settled marginally higher.
* Mixed trend was witnessed among the banking majors. AU Bank, Axis Bank and Federal Bank were among the top gainers. Wherein ICICI Bank, HDFC Bank and Kotak Bank capped the upside.
* PSU Pack continued its outperformance and inched higher to hit 52 week high.
* Expect the index to hold 45500. Suggest accumulating quality stocks on dips.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
![](https://portfolio.investmentguruindia.com/uploads/news/Power 2510.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Infrastructure28.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/NKSingh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Boman Irani and M D, President, CREDAI.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/ITSEctor123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Growth Chart 50.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shripal Shah, MD & CEO, Kotak Securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gold_29.12.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Import export.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Crane_Sanghavi.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Tradebull Securities.jpg)
Weekly option data indicates an immediate band of 24500-24200 itself - Tradebulls Securities
![Benchmark index is likely to trade volatile today. Index has support at 24100 - 24050 level - Monarch Networth Capital Ltd](https://portfolio.investmentguruindia.com/uploads/news/Monarch networth.jpg)
![Nifty opened with an upward gap and remained lacklustre within a narrow trading range throughout the day - Axis Securities Ltd](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![Bought Index Futures to the tune of 898.20 Cr - Axis Securities Ltd](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/arete securities.jpg)
The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a ...
![Nifty started the week on a strong note and gained nearly a percent, in continuation of the prevailing trend - Religare Broking Ltd](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
![Nifty witnessed a roller coaster ride on Tuesday and ended almost flat - Religare Broking Ltd](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
![Market Watch: Nifty aims to extend recovery even as Asia trades lower on US tariff plans on China - Geojit Financial Services Ltd](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)