The equity market continued to remain in a consolidation phase throughout the week despite soaring to record high levels on an intraday basis but failed to sustain.
It managed to rebound from last week’s rangebound trading to close above its crucial support level seen at 9,600-9,650. The momentum during this week’s trading was driven by few specific stock rather than the broader market, which safeguarded the downward spiral.
The Nifty on Friday closed with a marginal negative trajectory to close at 9,665 level but gained on a weekly basis with nearly 2 percent.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
No comments:
Post a Comment