02-05-2024 10:19 AM | Source: Geojit Financial Services Ltd
Market Watch: Equities in risk off mode; weigh Fed caution by Geojit Financial Services Ltd
Nifty Outlook
The sharpness of Tuesday's plunge in the closing minutes, gives room for mean reversion moves, ideally aiming 22650-700 followed by a consolidation or a turn lower to 22480. This turn of events is consistent with our week's view, expecting moves to not gain momentum in either directions.
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Pre Market Comment by Deven Mehata, Research Analyst, Choice Broking
Nifty oscillated sharply on both sides and finally ended the session with a gain of nearly a percent - Religare Broking Ltd