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Market gained one percent on Friday; Nifty may touch all-time high in coming week
Market traded with positive sentiments on Friday as the government decided to infuse capital in public sector banks along with positive Asian markets. The Nifty index closed at 12,245.80, adding 119.30 points. PSU banks, realty, and private banks traded with positive sentiments throughout the day and gained the most among indices. Nifty bank closed at 32,412.35, adding 414.65 points from the previous day’s closing.
As per weekly option data, handful of Put writing was seen on lower strikes ranging from 12,100 to 12,200 which shows the
