After The Bell: Sensex, Nifty lose over 1% each, what should investors do on Friday?
The index has formed a good base near the 13,800-13,700 zone and if it manages to hold the level, we may see a swift pullback towards 13,900-14,000, which is the immediate hurdle.
January 28, 2021 / 05:42 PM IST
The Indian market tanked for the fifth day running on January 28, pushing both the Sensex and the Nifty below crucial support levels.
The S&P BSE Sensex fell by more than 500 points, while the Nifty50 also saw a downtick for more than 100 points on the F&O expiry day.
The market has turned cautious ahead of the budget and weak global cues also dampened the sentiment. The Nifty50 has lost about 1,000 points in a matter of days.