Updated Dec 31, 2020 | 10:52 IST
Nifty is set to gain over 5 percent in each of the last 3 series. The Nifty IT is set to gain for 7 series in a row. Representational image
Mumbai: The Nifty came within striking distance of 14,000 on the penultimate trading day of the current calendar year. The 50-stock index recovered more than 100 points from the day’s low. The Nifty Bank snapped its 5 day gaining streak to close flat with negative bias. It is also on track to snap its 4 year gaining streak. Both benchmark indices are on track to gain for a 3rd F&O series in a row. In fact, Nifty is set to gain over 5 percent in each of the last 3 series. The Nifty IT is set to gain for 7 series in a row.
Updated Dec 22, 2020 | 09:00 IST
FII’s sold for the first time since 1 November 2020 while DII’s bought for the first time since that date. FII’s recorded the highest ever 33 day purchase at over Rs 1 lakh crore. Trade set up for Indian equity markets for December 22, 2020 | Photo Credit: PTI
New Delhi: Indian equities were among the worst performers across the globe in yesterday’s trading session. The Nifty corrected over 600 points in intraday trade to post the worst daily performance since 18 May 2020. Similarly, the Nifty Bank corrected over 1500 points intraday and posted the worst day since 18 May 2020. Both indices breached their 20-day moving average for the first time in over a month. The India VIX gained nearly 25 percent as compared to the 17 percent jump in CBOE VIX.