Domestic equities extended their record high-runs with Nifty touching a new high of 19,819 intraday, said Siddhartha Khemka, Head-Retail Research, Motilal Oswal Financial Services.
The index opened higher and traded sideways to close with marginal gains of 38 points at 19,749 levels. The broader market, however, underperformed with the Nifty mid-cap 100 ending flat to negative while Nifty small-cap 100 was down -0.9 per cent.
Among sectors, IT was the top gainer up 1 per cent, followed ...
Equities extend record high runs with Nifty breaching 19,800-mark intraday
Daily market commentary 06 July 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
India equities continued their dream run, with key indices consistently making new highs. Nifty surpassed the 19500 zone intraday before closing with gains of 99 points (+0.5%) at 19497 levels. On the sectoral front, Realty, Oil & Gas, Auto, and Healthcare were top gainers while IT, Financials, and FMCG witnessed profit booking. Nifty has...
Daily Market Commentary : Nifty surpassed the 19500 zone intraday before closing with gains of 99 points Says Mr. Siddhartha Khemka, Motilal Oswal