Daily Market Analysis : Markets remained range-bound for yet another day, closing marginally higher in line with the ongoing trend Says Mr. Ajit Mishra, Religare Broking Ltd
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 the Quote on Daily Market Analysis by Mr. Ajit Mishra, Religare Broking Ltd
Markets remained range-bound for yet another day, closing marginally higher in line with the ongoing trend. After an initial gap-up, the Nifty fluctuated within a narrow band, ultimately settling at 23,399.95. Sector-wise, a mixed trend persisted, with realty and IT sectors leading gains while FMCG and energy sectors lagged. Broader indices outperformed, each rising over half a percent.
We are seeing a time-wise correction in the Nifty index, with indications suggesting the current trend will continue. We reiterate our recommendation to focus on stock-specific trading, particularly in themes such as agriculture-related, sugar, chemicals, and select defense stocks for long positions.
Above views are of the author and not of the website kindly read disclaimer
