Markets end with marginal gains: Nirmal Bang
According to Nirmal Bang’s report, the markets witnessed huge volatility throughout the day, but the benchmark index settled for a modest gain of 45 points to close at 10,048 after swinging in the range of 10,127-9,913. The Nifty ended 26 points higher at 3,108 after moving in the range of 3,122-3,056.
Nirmal Bang’s report:
The markets witnessed huge volatility throughout the day, but the benchmark index settled for a modest gain of 45 points to close at 10,048 after swinging in the range of 10,127-9,913. The Nifty ended 26 points higher at 3,108 after moving in the range of 3,122-3,056. The BSE midcap and smallcap indices were up 2% and 1.5% respectively. Buying was seen in metal, pharma, banks, auto, realty and capital goods stocks. However, IT and oil & gas stocks witnessed selling pressure. However, for the week, the Sensex surged 1,082 points or 12 %, and the Nifty surged 301 points or 11 %, its third weekly gain in a row.
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