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Why Tuesday's session is significant to watch out for Bank Nifty; know here!

Keep a close watch on Tuesday's price action as we could see this counter-trend rally extending for the next couple of trading sessions if it gets the confirmation of a hammer candle.

Karan Dsij 0 465 Article rating: 4.8

Bank Nifty moved above the prior day's high but it failed to sustain at higher levels as profit booking emerged at higher levels.  

Nifty snaps six-day losing streak; HDFC, HUL and Asian Paints emerge as top gainers

Nifty FMCG & Nifty IT gained momentum and closed higher. However, Nifty Metals along with Nifty PSU Bank witnessed severe profit booking.  

Rohit Kale 0 1850 Article rating: 4.8

Indices traded with volatility throughout the day while Nifty closed higher by 0.37 per cent. Sensex gained about 237 points while Nifty Midcap and Nifty Smallcap witnessed heavy profit booking as they plunged 2.26 per cent & 3.20 per cent, respectively.  

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