Evening Walk Down D-Street on May 24, 2019
Episode 1231, May 24, 2019, 11:41 AM
Indian markets bounced back after witnessing profit taking in the morning trade to reclaim 39,000 on the Sensex and 11.800 on Nifty50. Both Sensex and Nifty closed with gains of about 4 percent each for the week ended May 24.
Ignoring the muted global cues, benchmark indices reclaimed crucial resistance levels on May 24. Let’s look at the final tally on D-Street – the S&P BSE Sensex closed 623 points higher at 39,434 while Nifty50 rose 187 points to end at 11,844 on Friday.