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The Nifty50 on Monday breached the 18,000-mark for the first time. But it came off the day’s high to end at 17,945 amid selling in technology stocks and profit-booking in RIL. Global markets traded weak as surging oil prices added to inflation worries.
In intraday trade, the Nifty hit a high of 18,042. “The Nifty touching an all-time high level of 18,000 is a journey and not a destination. The market is driven by triveni sangam of positive sentiment, fund flows from domestic and global investors, and improving corporate profitability. The festival season has begun with a bang and supported positive
