Short covering rally in Nifty Bank depends on HDFC Bank results: Kunal Shah
Nifty displayed notable strength on the technical chart, witnessing a fresh breakout after a subdued start to the January series.
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Nifty displayed notable strength on the technical chart, witnessing a fresh breakout after a subdued start to the January series.
Foreign institutional investors (FIIs) sold equities worth of Rs 3,901.27 crore, while Domestic institutional investors (DIIs) bought equities worth Rs 6,858.47 crore.
Last week, Indian markets witnessed modest gains with Sensex and Nifty hitting new record closing highs in the last trading session led by a sharp rally in IT stocks.
Market is likely to trade within the current range along with stock-specific actions, says Siddhartha Khemka of Motilal Oswal Financial Services
Nifty on Friday ended 247 points higher to decisively break out of the 21,500-21,850 range on the upside.