DSIJ Mindshare

Nifty snaps eight-day winning streak; financials and realty worst affected

Adani Ports, L&T, and Infosys emerged as the top gainers amongst Nifty 50 stocks.

Rohit Kale 0 1826 Article rating: 4.3

Indices faced a severe sell-off before the weekend as Nifty tumbled 1.10 per cent to close below the 17,800 level. Sensex plunged over 650 points while the broader indices also faced similar havoc.

A perfect set-up for Bank Nifty to extend its gains! Know the key levels for the day!

The price structure looks bullish for now as the index has formed a sizeable bullish candle and decisively, closed above the 20-DMA.

Karan Dsij 0 503 Article rating: 5.0

Monday’s trading session turned out to be a marvellous one for Bank Nifty as it closed with gains of over 1 per cent i.e. above the sloping trendline resistance and marked its highest closing level after June 13.  

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