This is Swati Verma and I will take you through the motions of today’s session on Dalal Street and bring you cues and trading tips from market veterans for the next week.
Despite trading in the negative zone for most part of the session, the domestic equity indices on Friday managed to settle in the positive note on fag-end buying in banking, auto and IT stocks.
BSE Sensex ended at 32,325, up 87 points with shares of Tata Steel, Hero MotoCorp, Coal India and NTPC being the top gainers in the index.
Nifty ended the day at 10,066, up 0.53 per cent at 52.75 points.
Barring Nifty Pharma index, other sectoral indices ended the day in green.
Rakesh Tarway of Reliance Securities tells ETMarkets.com how the markets performed during the week and where it is heading.
BYTE: 1 Rakesh Tarway
Stock futures of Titan saw the biggest spurt in open interest on Friday. It was followed by Ujjivan, Indiabulls Real Estate, HDIL, Apollo Tyres and Berger Paints.
Anup Chandak of Sharekhan gives you a lowdown on the F&O market.
BYTE: 2 Anup Chandak
Nifty registered almost a piercing pattern on candlestick charts as it opened lower and went on to close the day above the midpoint of the previous trading sessions candle body there by negating the bearish formations of last two trading sessions.
We have with us Sameet Chavan of Angel Broking to give us some insights on Nifty behaviour on the charts.
BYTE: 3 Sameet Chavan
That’s all for now folks. Do check out ETMarkets.com for detailed market analysis and for trading ideas and come back for our pre-market podcast on Monday morning. Have a great evening and a wonderful weekend ahead.