Biggest Nifty losers included Power Grid Corporation, Apollo Hospitals, Eicher Motors and Maruti Suzuki, while HUL, Infosys, TCS and Bharti Airtel were among the gainers
Ahead of the February series expiry, Nifty on Wednesday ended 247 points lower below the 22,000 level and around its 20-DEMA. Observing the daily chart, the index has been navigating within a rising channel.
In a bustling session, Nifty closed around 22,200 defending the previous session s low at 22,075 and, prompted a rebound to regain the initial lost ground, said Rajesh Bhosale, Technical Analyst, Angel One. The sentiment remained bullish throughout the day as intraday dips were met with buying interest, Bhosale added.