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stock market outlook: IIP data, Q1 earnings and Zomato IPO among key factors that may guide market this week

New Delhi: The domestic equity market had a volatile week as the benchmark indices ended in red. On a weekly basis, BSE Sensex and Nifty50 shed 0.2 percent each as investors booked profits in IT, auto and oil & gas counters. It is a buy-on-dips kind of market. So buying was seen at lower levels and that gave support to the market. Immediate support and resistance for Nifty50 are at 15,600 and 15,800, respectively, said Mohit Nigam, Head, PMS, Hem Securities. The market has turned cautious on the back of dampened global cues. Rising number of Covid-19 cases throughout the globe jittered hopes of a swift economic recovery.

Broker s call: Crafts Automation (Buy) - The Hindu BusinessLine

Broker s call: Crafts Automation (Buy) - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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