After tumultuous week, expect some stability when markets reopen on Monday, Anil Singhvi says; gives Nifty, Bank Nifty support levels
Stock markets ended in the red on Thursday and fell on three consecutive occasions during this truncated trading week. The BSE Sensex ended at 59,636.01, down by almost 0.6 per cent or 372 points from the Wednesday closing level. Meanwhile, the 50-share Nifty50 ended down 113 points or 0.7 per cent at 17,764.80
The stock markets ended in the red on Thursday and fell on three consecutive occasions during this truncated trading week. The BSE Sensex ended at 59,636.01, down by almost 0.6 per cent or 372 points from the Wednesday closing level. Meanwhile, the 50-share Nifty50 ended down 113 points or 0.7 per cent at 17,764.80.
Over the weak Sensex lost by 1.75 per cent while the Nifty50 lost 2 per cent. Bank Nifty also ended below the 38,000 level, losing as much as 2 per cent during the week.
Foreign Institutional Investors (FIIs) sold Indian equities worth Rs cr in the cash market while the Domestic Institutional Investors (DIIs) sold equities worth Rs 1885 cr.
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Watch Zee Business Video Here:Nasdaq Composite Index ended positively on Friday at 16057.44, up almost 64 points or 0.4 per cent. Meanwhile, Dow Jones ended at 35,602, correcting by 0.75 per cent.
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