Post Market Update: As per our morning report, we had suggested that Markets are consolidating in range and there seems to be distribution of stocks. Nifty made a intra-day low of 8352.65 and then recovered from the lows to 8400 odd levels.
Bank Nifty was a major driver for the move of Nifty. Bank Nifty made a intra-day low of 17307.25 and then closed near high of 17549.80. As we had suggested in our morning report that Bank of Baroda (BOB) would cross the levels of 1000 and we were correct in interpreting the same. Bank of Baroda made a high of 1022.25 levels.
Earlier Bank of Baroda had failed to cross the levels of 1000 and had corrected from 985 odd levels to 787 levels. After a decent correction, Bank of Baroda tried to cross the levels of 1000 successfully.
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Post Market Update: Banks Riding the Market
Published 11/11/2014, 06:05 AM
Updated 07/09/2023, 06:32 AM
Post Market Update: Banks Riding the Market
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