Nifty remains range bound as markets look for new triggers
Nifty closed on a flat note with negative bias, while most sectoral indices closed in the green on Thursday.
Nifty closed on a flat note with negative bias, while most sectoral indices closed in the green on Thursday.
The Diwali week continued bringing good tidings for investors and Dalal Street even after ‘Muhurat’ trading on Sunday the 12th of November.
As the market unfolded, the benchmark Sensex experienced a dip of 120.45 points, commencing at 65,555.48.
Gold has given positive returns of 21.84 per cent in the past one year, while returns on Silver has been 21.05 per cent, as per a report by Motilal Oswal Asset Management Company.
Sensex was down 247.78 points or 0.38% at 65,629.24, and the Nifty was down 46.40 points or 0.24% at 19,624.70.
All the sectoral indices ended in the green with the power index up 1%. FMCG, PSU Bank, metal, and oil & gas added 0.5% each.
There is a risk-on mood in the market triggered by the hope that the raging Israel-Hamas conflict will not spread, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
It was a topsy-turvy week that went by. Markets were flat for the first two trading sessions, and then gained, lost and ended the week with gains.
There is clearly room for a correction in the mid-cap area, most particularly as a continuing rise in the oil…
Nifty witnessed a strong session to create history touching the psychological and important 20,000 landmark during the intraday session ending…
