Taking Stock: Nifty closes below 12K for the first time since Nov 22; time to buy?
Episode 1972, Dec 03, 2019, 10:57 AM
Indian market witnessed consolidation for the third consecutive day in a row on Tuesday and closed below 12,000 levels for the first time since November 22.
Let’s look at the final tally on D-Street – the S&P BSE Sensex fell 126 points to 40,675 while the Nifty50 closed 54 points lower at 11,994 on December 3.
Sectorally, the action was seen in Realty, IT, and Consumer Durables while on the losing front profit-taking was seen in sectors like Metals, Infrastructure, Telecom, and Power.
Let’s look at the final tally on D-Street – the S&P BSE Sensex fell 126 points to 40,675 while the Nifty50 closed 54 points lower at 11,994 on December 3.
Sectorally, the action was seen in Realty, IT, and Consumer Durables while on the losing front profit-taking was seen in sectors like Metals, Infrastructure, Telecom, and Power.