08-01-2024 09:21 AM | Source: Religare Broking Ltd
Nifty traded volatile and ended marginally higher amid mixed cues - Religare Broking Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

NIFTY

* Nifty traded volatile and ended marginally higher amid mixed cues.

* Mixed trend continued on the sectoral front. IT, auto and realty were the top performers.

* Consolidation may extend but tone positive. Maintain focus on stock selection and risk management.

* Performance of the global indices, especially the US, would remain in focus for cues.

 

BANK NIFTY

* Banking index also traded choppy and settled marginally lower.

* Mixed trend continued within the private banking space wherein ICICI Bank and Axis Bank held strong.

* The closing indications consolidation to continue. Limit aggressive trades.

* A decisive close above 48600 would pave the way for further up move.

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer