It was disappointing to see the Nifty come off in the second half of the session. Finally, it closed shop around 5,560 marks down about 50 points after the Nifty touched nearly 5,650 levels in early trade. Once again, a bit of a reaction crept in from that supply zone.
Wipro was one such stock that started off quite weak post results and then went down to close at the low point of the day. It was 4% lower today, below the 400 mark after a long time. There was some disappointing reaction.
Other largecap names which lost out today include JP Associates. The Noida land controversy clearly hampered the stock
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!
