On the upside, we expect the Nifty to target levels of 19,650. In terms of levels, crucial support zone is placed at 19,330 – 19,300 and immediate hurdle is placed at 19,520 – 19,550
Foreign institutional investors (FII) sold shares worth Rs 494.68 crore, while domestic institutional investors (DII) purchased Rs 1,323.24 crore worth of stocks on August 30, provisional data from the National Stock Exchange (NSE) showed.
A mixed trend was seen on the sectoral front, with oil & gas, power, FMCG and bank down 0.5-1.3 percent, while realty, metal, capital goods and information technology gained 0.2-0.7 percent