A morning walk down Dalal Street | Strength in Nifty possible only if index closes above 11,550
Episode 1026, Mar 28, 2019, 01:04 AM
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Indian market took a U-turn in the second half of the trading session on Wednesday. The S&P BSE Sensex fell by about 100 points while Nifty failed to hold on to 11500 levels ahead of F&O expiry on Thursday.
Indian markets witnessed profit taking at higher levels which suggest that for bulls to take control, Nifty50 has to close above 11550 levels convincingly.
The final tally – the S&P BSE Sensex closed 100 points lower at 38,132 while the Nifty50 closed 38 points down at 11,445.