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Nifty gives up intra-day gains in late sell-off

Nifty came off its life highs and ended the first day of 2024 with little change from Friday's close, said Deepak Jasani, Head Retail Research at HDFC Securities.A late sell-off saw all the intra-day gains being wiped off. At close, Nifty was .

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Nifty Gives Up Intra-Day Gains In Late Sell-Off

Nifty Gives Up Intra-Day Gains In Late Sell-Off
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dalal street outlook: Dalal Street week ahead: Nifty poised for gains, watch for resistance

Importantly, Nifty has rolled inside the improving quadrant of the RRG; this may lead to the large-caps starting to relatively outperform the broader mid and small-cap space over the coming weeks. A stable start is expected for the week; the levels of 19880 and 20075 may act as resistance points. The supports are likely to come in at 19535 and 19410.

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Previewing the Week Ahead on Dalal Street: Nifty Set for Potential Gains, Keep an Eye on Resistance Levels

Previewing the Week Ahead on Dalal Street: Nifty Set for Potential Gains, Keep an Eye on Resistance Levels
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ITC: Brokers retain ITC price targets after Q2 results

ITC shares fell 2.75% to close at Rs 438 on Friday. The average price target on ITC of all analysts compiled by Bloomberg following the second quarter results is at Rs 509.33, implying an upside of almost 16% over Friday s closing.

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