Markets looks to have a great support and any rally which can take the Nifty above 15,930 can push the index above 16,000
Markets traded in a range and ended unchanged, extending the prevailing consolidation phase on Monday
While last week was a volatile one with the Nifty slipping to 15,630 kind of levels
Focus will be on upcoming Q1 FY22 results, on which market participants were already cautious due to the second wave of the pandemic
Consolidation in markets over the last month or so should be seen as a healthy sign and not be perturbed by it
Markets are witnessing selling pressure at higher levels, but there is still positive outlook as the dips are being bought into
In the broader markets, the BSE MidCap index settled 0.12% higher while the BSE SmallCap index closed 0.26% lower
Financials will lead the rally from here on and both public sector and private sector banks will participate
Indian markets on Tuesday opened flat amid mixed global cues but gained some strength in early trade. At 9.38 am, BSE flagship Sensex was up 48 po
Experts see a fresh up move towards the 16000-16100 zones once Nifty crosses 15,900