Nifty hits another record and closes at 17822

Good Evening Everyone, What a week it has been! Again we are about to close the week with big gains after the small negativity at the start of the week.

The Nifty opened with a Big gap up of almost 100 points and right from the word GO, it went on flying high to cross the barrier of 17800 and then hitting the record high! I guess both DIIs & FIIs went on a shopping spree, however cannot confirm as the data is not out yet.

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On the daily chart, Nifty has formed a bullish candle which shows that it has more steam left for tomorrow.

Sector Watch:

Most sectors performed great today, hence the only sector that did not perform well, was the media sector, which saw profit booking after the big run by ZEE.

Top Gainers:

Most of our favourite stocks are on the top gainer's list today.

Top Losers:

HDFC life, JSW steel, Dr Reddy saw some profit booking today.

It's clear that Nifty has carved a path of its own and today is the stock market with the highest returns in the world YTD. Let's catch up tomorrow to plan the day with our pre-market report.


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