Market Wrap Up by Shrikant Chouhan, Head Equity Research, Kotak Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the Quote on Market Wrap Up by Shrikant Chouhan, Head Equity Research, Kotak Securities
Benchmark indices witnessed a volatile trading session today, with Nifty closing 33 points lower after a volatile trade while Sensex was down 73 points. Among sectors, the FMCG index outperformed with a gain of 3 per cent while the Realty index fell the most, falling 2.40 per cent. Technically, the market fell below the 20-day SMA (Simple Moving Average) due to sharp intraday selling, but it eventually found support near 24100/79225 and bounced back sharply. The intraday market structure which shows volatility is likely to continue in the near future.
Above views are of the author and not of the website kindly read disclaimer
