Stock Markets on Monday: Nifty, Bank Nifty expected to see upside; Anil Singhvi gives crucial trading levels, top investment tips
Nifty50 will find a strong support between 18,125 and 18,175 and could see buying around these levels. The immediate resistance will be at 18,300 and if this is breached, Nifty would attempt to trade in the range of 18,350 and 18,425. Next week could be make or break weak as the index would try to scale new life highs
Stock Markets on Monday: Indian stock markets ended almost flat on Friday albeit with some negative bias. While the BSE Sensex closed at 61,223.03, down by 12.27 points, the broader market Nifty50 ended at 18,255.75, a couple of points lower than the Thursday closing price.
The markets recovered towards the close of the trading session after trading in red for most part of the day. Nifty Bank settled at 38,370.40, lower by almost 100 points of 0.26 per cent. Meanwhile, Nifty Midcap 100 also closed with marginal losses.
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