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Live: Will the Nifty see fresh breakout above 22,100? Whirlpool, Coal India, MRPL in focus

Indian equity market hit an all-time high yesterday, gaining for a fifth straight day on the trot. Experts feel that consolidation or minor profit booking can't be ruled out in coming sessions before starting another leg of upward journey towards 22,500 mark on the Nifty 50. The 21,900-21,950 is expected to be a key support area to watch out for. On February 19, the BSE Sensex rallied 282 points to 72,708, while the Nifty 50 climbed 82 points to end at record closing high of 22,122. This morning the GIFT Nifty is hinting at a mildly higher start. Asia is mixed while Wall Street was shut overnight on account of President’s Day. Among stocks in focus will be Coal India, Whirlpool, MRPL, Balrampur Chini among others. Catch Nandita Khemka in conversation with Sacchitanand Uttekar, Vice President- Research (Derivatives And Technicals), TradeBulls Securities and Mayuresh Joshi, Head of Equity Research, William O’Neil India.

first published: Feb 20, 2024 08:35 am