IGI Logo

Below the Daily Market Analysis : Markets remained volatile on the weekly expiry day, ending flat amid mixed cues Says Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd

"Markets remained volatile on the weekly expiry day, ending flat amid mixed cues. The session began on a positive note, but profit booking in select heavyweights erased early gains. As a result, the Nifty index closed nearly unchanged at 23,019.90. Sectorally, a mixed trend persisted, with pharma, metal, and realty sectors outperforming, while IT and FMCG lagged. Broader indices also experienced choppy trade, with small-caps slipping nearly half a percent. 

The persistent selling pressure on rebounds suggests that bears remain firmly in control. Additionally, global uncertainties, including the risk of potential tariff wars, are likely to keep traders cautious. Given the current scenario, we recommend a stock-specific trading approach with a strong focus on risk management and wait for clarity."

Above views are of the author and not of the website kindly read disclaimer