The current market upswing should be viewed as a temporary respite, said market experts.Nifty, Sensex show signs of recovery: Correction over, or temporary relief? What’s next for investors?
The current market upswing should be viewed as a temporary respite, said market experts.
Top losers on the Nifty included Adani Enterprises, Coal India, Adani Ports, SBI Life Insurance and Asian Paints, while gainers were Sun Pharma, BPCL, Hindalco Industries, Bajaj Auto and Reliance Industries.
Sector-wise, metal, banks, commodities, industrials, utilities, power and capital goods were trading in the red, while realty, telecom, energy and IT mustered gains.
Nifty Auto, Nifty Financial Services, Nifty FMCG, Nifty Media indices were trading marginally higher.