Daily Market Analysis : Markets remained volatile for another session but ended with modest gains Says Mr. Ajit Mishra, Religare Broking Ltd
Below the Quote on Below the Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Markets remained volatile for another session but ended with modest gains. After a flat start, Nifty fluctuated within a narrow range for most of the session, closing at 22,586. Sector trends were mixed, with FMCG and realty showing decent gains, while metal and banking lagged. The broader indices mirrored the same pattern, resulting in flat market breadth.
All key sectors are contributing to the index's recovery, but the banking sector's underperformance is limiting momentum. Amid the market's choppiness, we anticipate the Nifty index will retest its record high soon. We continue to recommend a stock-specific approach, using dips or periods of consolidation to accumulate quality stocks.
Above views are of the author and not of the website kindly read disclaimer
Top News
Rail Vikas Nigam rises on the BSE
Tag News
Market Quote : FII-triggered selling pressure continued to impact the domestic market Says V...
More News
Post market comment by Mandar Bhojane, Research Analyst, Choice Broking