 "Markets, Buy, Sell, Stocks")
Market witnessed profit booking on Friday; Nifty slipped from psychological level of 12,000
After Moody’s downgrade of outlook from “stable” to “negative” on economy of India, there was a sharp profit booking from 12,000 levels in later half of trading session on Friday. Nifty closed at 11,908.15 shedding 103.90 points. Realty, banking especially private banks traded with positive sentiments throughout the day and gained the most among indices. Nifty bank closed at 30,749.40 adding 116.20 points positive from the previous day’s closing. As per weekly option data, handful of Put unwinding on strikes ranging from 11,900 to 12,000 was
After Moody’s downgrade of outlook from “stable” to “negative” on economy of India, there was a sharp profit booking from 12,000 levels in later half of trading session on Friday. Nifty closed at 11,908.15 shedding 103.90 points. Realty, banking especially private banks traded with positive sentiments throughout the day and gained the most among indices. Nifty bank closed at 30,749.40 adding 116.20 points positive from the previous day’s closing. As per weekly option data, handful of Put unwinding on strikes ranging from 11,900 to 12,000 was
