Experts feel Nifty has good support at 14,800
Select stocks in the BSE500 index delivered multi-fold return to small investors amid the ongoing rally on Dalal Street since the beginning of FY21.
Domestic equity markets are likely to open higher on Tuesday tracking firm Asian cues.
A growth-oriented Budget presented by the FM Nirmala Sitharaman on February 1 further aided the domestic equity market.
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Banking sector seems to be a worthy candidate to book short-term profits as it witnessed a bout of optimism due to the Budget.
The index on February 4 settled at fresh record high of 50,614.29 against 46,285.77 on January 29.
The rise in share price indicates that an investment of Rs 10,000 in a company in June 2014 is now over Rs 10 lakh.
Sensex witnessed mild profit-booking at higher levels but managed to end the day at fresh closing peak of 50,255.75, up 458 points or 0.92% while Nift
Benchmark indices hovered in a narrow range in early afternoon trade. All sectoral indices on the NSE were trading in the green. Shares rallied for th