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Live: Will private banks take Nifty to greater heights? Hindalco, Union Bank & Swan Energy in focus

Indian equity market hit a fresh high with the Nifty hitting the 22,200 mark for the first time amid fag-end buying. Experts feel that bulls have turned strong and may take the Nifty50 towards the 22,500 mark in the coming sessions provided it holds 22,200. Otherwise, there may be consolidation with support at 22,000. On February 20, the BSE Sensex jumped 349 points to 73,057 while the Nifty 50 rose 75 points to end at a record closing high of 22,197 continuing an uptrend for six days in a row. This morning global cues are subdued with Wall Street shutting in the negative zone ahead of the FOMC minutes. But the GIFT Nifty is indicating a higher start for the Indian market. Among stocks in focus will be Hindalco, Union Bank, Swan Energy and Devyani International among others. Catch Nandita Khemka in conversation with Hemen Kapadia, Senior VP-Institutional Equity, KR Choksey Securities and Dr Andrew Freris, CEO, Ecognosis Advisory.

first published: Feb 21, 2024 08:42 am