Market Commentary

Daily Markets Wrap - Nov 25, 2022 - HDFC Securities

Posted On : 2022-11-26 09:51:41( TIMEZONE : IST )

Daily Markets Wrap - Nov 25, 2022 - HDFC Securities

Mr. Deepak Jasani, Head of Retail Research, HDFC Securities.

Nifty ended mildly higher after a muted session on Nov 25. It remained in a 90 point band through the day before closing 0.15% or 28.7 points higher at 18512.8. Midcap index rose 0.77% even as advance decline ratio rose further to 1.71:1. Nifty gained 1.12% over the week rising in 5 out of past 6 weeks.

Global markets traded largely unchanged Friday in thin trading conditions even as they gained for the week. Nifty could continue its upmove and challenge the all time high of 18604 soon while 18325-18403 band could provide support in the near term.

Source : Equity Bulls


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