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Live: Nifty braces for another see-saw session; Will banks make a comeback? GPT Healthcare IPO opens

Indian equity market snapped six-day uptrend and and experts feel there is a possibility of some profit booking as well as consolidation at higher levels. But given the continuation of higher highs, higher lows formation, overall the bulls are still in a healthy mood, who after this correction may lift Nifty 50 to new highs again. According to experts, the Nifty 50 may take a support at 21,750 level and on the higher side, in case of bounce back, it may face resistance at 22,300 mark. On February 21, the benchmark indices corrected for the first time in last seven consecutive sessions. The BSE Sensex fell 434 points to 72,623, while the Nifty 50 was down 142 points to 22,055. This morning global cues are mixed. Wall Street ended mixed after Fed minutes indicate caution about lowering interest rates too soon. The GIFT Nifty, however, is hinting at a positive start for the Indian market. Among stocks in focus will be Brigade Enterprises, Eureka Forbes and among others. Catch Nandita Khemka in conversation with Aditya Welekar, Senior Research Analyst, Axis Securities and Aamar Deo Singh-Sr Vice President, Angelone

Moneycontrol News
February 22, 2024 / 08:46 IST
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TAGS: #Nifty #Sensex #shares #video
first published: Feb 22, 2024 08:46 am

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