850: A morning walk down Dalal Street | Nifty may slip towards 10,600 if it fails to clear resistance of 10,987
The Nifty50 not only reclaimed 10,700-10,850 but also closed just a shade below 10,900 on February 1. For the week, the index closed with gains of over 1 percent.
Markets reacted positively to the budget, as the headline fiscal deficit did not signal major slippage. Moreover, there are hopes that giveaways will aid both rural and urban consumption.
Despite the fiscal stimulus of close to Rs 1...
7m
•
Feb 04, 2019