BSE See NSE See 37,363.43
809.83 (2.22%)

Optimism to linger on D-Street!

Karan DSIJ / Article rating: 4.8

Nifty closed above its psychological level of 11,000 in the last trading session for the first time since March 06, 2020. On valuation front, markets are trading at historical high PE of 28.86. However, due to strong global cues and buoyancy related to vaccine, the valuation factor has taken a back seat.

Bulls to witness Monday morning blues

Karan DSIJ / Article rating: 5.0

Sensex and Nifty reclaimed their important psychological level of 37,000 and 10,900 with a strong close on Friday. Post a solid close, market participants would expect the move to continue. However, the early trends in SGX Nifty suggests that bulls are likely to face Monday morning blues. Further, cues from Asian peers too are negative.