Markets opened on a weak note on the back of sharp profit-taking in US Markets which also led to other global markets reacting negatively. The opening range was close to previous session lows from where markets saw slight recovery but still benchmark indices closed in red which happened first time in last 7 sessions.
5680 lev-els are acting as good support and one needs to watch this level for near term sustenance of uptrend. Any close below this level may lead to further retracement of gains. Capital Goods index was the top losing index among BSE sector indices while Realty and Auto outperformed rising more than 1% each. Market breadth remained on negative side.
5680 lev-els are acting as good support and one needs to watch this level for near term sustenance of uptrend. Any close below this level may lead to further retracement of gains. Capital Goods index was the top losing index among BSE sector indices while Realty and Auto outperformed rising more than 1% each. Market breadth remained on negative side.
0 comments:
Post a Comment
Let Us Know Your Opinion!