Taking Stock: Economic Survey fails to cheer market; Nifty ends below 12K
Episode 2180, Jan 31, 2020, 11:39 AM
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The Economic Survey, which highlighted the need to push reforms, failed to lift markets and Nifty50 closed below its crucial support of 12,000 on Friday for the first time since January 6.
Sensex, Nifty & Nifty Bank post 1st monthly loss since August 2019. Market breadth favoured declines; advance-decline ratio at 1:2. The Nifty fell 1.6 percent in January 2020.