Taking Stock | Market ends flat with Nifty managing to hold 11,300; small & midcaps underperform
Episode 2862, Sep 08, 2020, 11:53 AM
Share
Subscribe
Indian market witnessed profit-taking at higher levels on September 8 in the last one hour of trading. Nifty50 managed to close above 11,300 support which is positive for the bulls.
Let’s look at the final tally on D-Street – the S&P BSE Sensex fell 51 points to close at 38,365 while the Nifty50 fell 37 points to end at 11,317.
Indian market started on a strong note tracking positive trend seen in other Asian markets, but geopolitical concerns added to uncertainty after Chinese troops fired warning shots for the first time in 45 years near the Pangong lake in eastern Ladakh.
Let’s look at the final tally on D-Street – the S&P BSE Sensex fell 51 points to close at 38,365 while the Nifty50 fell 37 points to end at 11,317.
Indian market started on a strong note tracking positive trend seen in other Asian markets, but geopolitical concerns added to uncertainty after Chinese troops fired warning shots for the first time in 45 years near the Pangong lake in eastern Ladakh.