The Nifty opened on a somber note in early trade due to lack of global cues. Asian markets are shut on account of the Lunar New Year while the US markets closed on a flat note. Both Indian benchmarks were consolidating around their previous closing values amid thin volumes.
Deven Choksey, MD of KR Choksey Shares and Securities, in an interview on CNBC-TV18 said that yesterday, there were instances of a recovery throughout the day, yet participation was not as present as it could have been. He says majority of the fall has already taken place and we are likely to trade at the bottom in the coming days.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
