Nifty remained flat on Friday(22nd Dec) as traders refrained from taking up new positions before the onset of an extended weekend. The index futures experienced some buying as the index futures closed with a profit of 0.24%. The major winners on Friday were Wipro(+6.6%)and HCL tech (2.86%). On Friday the volumes remained fairly high at … Read more
Nifty futures experienced heavy selling today as FII became net sellers for the day. Major sectors that experienced their onslaught were PSU Banks, Metals, and Auto. Each of these sectors fell by 4.04%,3.82%, and 2.28% respectively. The major Nifty 50 losers were Adani stocks (Adani Ports and Adani Ent.) losing 5.76% and 5.35% respectively. Nifty … Read more
Nifty 50 experienced some selling yesterday due to some profit booking at higher levels in Banking and IT sector, pulling down the index to close at 21462, losing around -0.37% in the process. Major losers were ICICI bank (-1.54%), ITC (-1.43%) and Tech Mahindra (-1.10%). As effect of last week’s FED’s decision wanes off, some … Read more