Quote on Daily Market by Mr. Vikram Kasat, Chief Business Officer, Advisory and Dealing at PL Capital
Below the Quote on Daily Market by Mr. Vikram Kasat, Chief Business Officer, Advisory and Dealing at PL Capital
“Indian equities ended higher after a volatile session, with the Nifty 50 closing at 24,260.05, up 41 points or 0.17%, while the Sensex gained around 161 points or 0.21% to settle at 77,529.94. Notably, the Nifty recovered from intraday weakness during the Closing Auction Session (CAS), ending close to the important 24,300 mark, highlighting resilience in the broader market. With India VIX remaining relatively subdued, volatility was manageable despite geopolitical concerns, elevated crude prices and expiry-related activity. Going ahead, a sustained move above 24,300 could strengthen sentiment, while investors should remain selective and focus on fundamentally strong businesses.”
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