Nifty may trade between 8770-8790: Indira Securities

Indira Securities’ Market Report:

Local equity markets closed with significant losses in Wednesday's trade. On the macro-front, Wholesale Price Index-based inflation, extending its disinflationary trend, ebbed to -2.33 percent in March as against -2.06 percent in February on the back of falling fuel prices.

For today's trade Nifty likely to trade in the range between 8770 – 8790 in the upper side and 8730 – 8710 in the lower side.

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