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