Good Evening Everyone, As the headline goes, Nifty continued to consolidate for the 3rd straight day and with similar sentiments where The daily chart has not moved anywhere but throughout the day it gave jitters to all traders as it fell rapidly and regained all the losses by end of the day.
The FIIs net bought for Rs 238 crores & DIIs also bought for Rs. 206.28 crores. Which shows that this is not the end of highs for the market and we could see more highs in days to come.
The Daily candle still continues to be in an indecisive range with huge volatility throughout the day
Metals were the only sector to move up more than 1% and closed up by 3.14%. Pharma was the loser down by 1.46%.
Of course with metals, we could see Tata steel & JSW steel on the top gainer's list followed by energy sector movement due to the huge profit declared by Powergrid.
Shree Cement, Kotak Bank, Sun Pharma were among the scrips that saw profit booking.
That's it, for now, team, let's catch us tomorrow morning with the Pre-market report.