Today was a volatile day of market trade as it kept swinging between high and low points. But a sharp recovery has seen in financials in the last hour helped indices to be in the green. A rally in heavyweights such as Reliance Industries and Kotak Mahindra Bank also improved the market.
Nifty sector index down 8 out of 11
Selling in metal has seen, auto, FMCG, IT and pharma stocks are showing pressures on the market. Nifty’s metal index, Nifty index of IT index, and the auto index have declined to 2.6 percent, 1.18 percent, and 1.31 percent. However, bank nifty has shown an increase of 0.33% trading at a level of 24,524.50. PSU bank index and private bank index was up 0.43 percent and 0.31 percent.
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