Nifty is now close to its all-time high, we expect it to surpass this level and touch new highs, said Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial ServicesMid-day Mood | Nifty, Sensex inch higher on buying in auto stocks, focus on fundamentals
Nifty is now close to its all-time high, we expect it to surpass this level and touch new highs, said Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services
The Nifty Bank index recovered from the day#39;s low of 45,590.20 to end 0.7 percent higher at 46,218.90.
Broader markets outperform the benchmarks. Nifty midcap 100 and smallcap 100 indices gain a percent each
While the benchmark indices erased early gains, the broader market remained resilient. The market breadth also heavily titled in favour of gainers as two stocks rose for each one that fell.