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FIIs & DIIs turn net sellers ahead of weekly expiry!

Good Evening Everyone, Today the Nifty again opened with a small gap up at 17861 but came into selling pressure and we could see volatility owing to the day previous of the weekly expiry and also as the Nifty is close to all tie high. Finally, the Nifty closed in red at 17646.

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The Daily candle suggests some bearishness in the market for the short term and we will have to wait for the corporate results should drive the market up next week.

Sector Watch:

All sectors ended in red and metals were affected the most, and could be taken as a chance to buy them.

Top Gainers:

Our favorite TATA consumer is on the top gainer's list after we just picked it this morning and we can see more FMCG stocks among the top 10.

Top Losers:

We could see Hindalco in the top gainer's list and similarly profit booking in Coal India & Tata motors.


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