Stock Markets on Monday - Anil Singhvi gives Nifty, Bank Nifty support levels, key indicators when markets reopen
Zee Business Managing Editor Anil Singhvi said the last trading session was quite eventful as the stock markets traded strongly. The markets started on a slow note only to pick up later, Singhvi said. He said that Nifty breached the 16,400 mark for the first time and carried on from there. He said that the life highs for Nifty is now recorded at 16,543
The stock markets ended the week with a bank as both BSE Sensex and NSE Nifty 50 touched their record highs. Nifty gained by almost 116 points to end the day at a lifetime high of 16,529.10 while the Sensex ended up almost 593 points to settle at 55437.29. Nifty Bank also climbed 232 points to close at 36169.35.
The Foreign Institutional Investors (FIIs) purchased Indian Equities worth Rs 819.77 cr. Meanwhile, the Domestic Institutional Investors (DIIs) bought Indian equities worth over Rs 149 cr.
See Zee Business Live TV Streaming Below:
SEE FULL REPORT HERE:If the Global cues remain weak during the opening session, there will be opportunity of buying at support levels, Singhvi said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.