Nifty: Before 20,000 a retreat in store for Nifty: Analysts

​Nifty has almost tested the new milestone of 20,000 and gained over 7% in the last four weeks, which has pushed the oscillators into the overbought zone. The sharp dip in IT has derailed its momentum, and we could see a breather in auto and FMCG.

Related Keywords

, Nifty , Federal Bank , Sun Pharma , Sunteck , Piramal Enterprises , Grasim , Coromandel , Idfc First Bank , Marico , Analysts , Profit Booking , Equities , Religare , Firstsource , Voltas , Jubilant , Computer Age Management Services , Firstsource Solutions , Sun Pharma Advanced Research ,