Taking Stock: Nifty slips from Mt 12K, FM's economic package fails to boost sentiment
Episode 2954, Oct 12, 2020, 11:37 AM
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From power outage in Mumbai to a technical glitch in Nifty which temporarily stopped rates from updating, and an economic package from the Finance Minister that failed to lift investor sentiment led to volatility on D-Street on Monday.
The S&P BSE Sensex recovered from lows to close in the green for the eighth consecutive days in a row while the Nifty50 also recovered from lows but failed to reclaim 12000. Sensex & Nifty recorded its longest gaining streak in 30 months.
The S&P BSE Sensex recovered from lows to close in the green for the eighth consecutive days in a row while the Nifty50 also recovered from lows but failed to reclaim 12000. Sensex & Nifty recorded its longest gaining streak in 30 months.