Daily Market Analysis : Nifty witnessed a gradual up move and finally settled at 20,070 level Says Mr. Ajit Mishra, Religare Broking
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Below Quote Daily Market Analysis 13 September 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd
Markets edged higher after a day of pause and gained nearly half a percent. After the flat start, Nifty witnessed a gradual up move and finally settled at 20,070 level; up by 0.38%. Meanwhile, a mixed trend on the sectoral front kept the traders busy wherein energy and banking posted decent gains while auto and IT ended lower. The broader indices too took a breather and ended in the green.
We reiterate our positive view on markets and suggest continuing with stock-specific approach, with a focus on index majors and other heavyweights. Among the sectoral pack, banking, financials and IT hold prominence for further up move so align positions accordingly.
Above views are of the author and not of the website kindly read disclaimer
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