Stock Markets on Monday - Action packed Monday likely as Sensex, Nifty50 end 2021 emphatically; outlook for January 2022 series positive: Anil Singhvi
Indian stock market ended the year on a high note. On Friday, the BSE Sensex ended at 58,253.82, up over 459 points or 0.80 per cent from the Thursday closing price. Meanwhile, the Broader market Nifty50 ended at 17,354.05, up over 150 points or 0.9 per cent. The domestic markets saw actions in almost all segments
Indian stock market ended the year on a high note. On Friday, the BSE Sensex ended at 58,253.82, up over 459 points or 0.80 per cent from the Thursday closing price. Meanwhile, the Broader market Nifty50 ended at 17,354.05, up over 150 points or 0.9 per cent. The domestic markets saw actions in almost all segments.
Over a 1 year period, the upside has been almost 24 per cent.
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Watch Full Video Here:As for Bank Nifty, the support lies between 35,000 and 35,200 while it will try to move towards 35,800 and 36,000. Buying could be seen in the broader markets, as well, Singhvi.
As for the outlook over the January series, he said that pre-budget 2022 buying will be seen he said that adding that many sector and stocks will remain in focus throughout the month. He expects an eventful next week.
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