Daily market commentary : Nifty swung between gains and losses throughout the session to finally close in positive territory at 19812 levels - up 28 points says Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd
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Below the Daily Market Commentary On 22 November 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd
Global markets were mixed after US FOMC meeting minutes release suggested Fed’s cautious approach towards rate hike. Nifty swung between gains and losses throughout the session to finally close in positive territory at 19812 levels – up 28 points. Sectorally it was mixed with buying seen in IT, Auto and Pharma. Overall, market is likely to remain lacklustre and consolidate in a range in the absence of any major events, and start of holiday season. US market will remain close on Thursday and half day on Friday account of Thanks giving. While the Indian market will be closed on Monday.
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