The 50-share #Nifty closed at @!8570.90, down 63.75 points or 0.74 per cent. It hit a low of 8553.00 and a high of 8627.90 in trade today.
#Nifty index closed below its crucial support level of 8600, which might put further pressure on the index in upcoming sessions
If the index fails to decisively close above 8600 level in the upcoming week, markets could see further decline up to levels of 8500 on the Nifty, and around 300 levels on the Sensex.
The movement of Bank Nifty will be important level to track in the upcoming week. The index closed around 18,500, and if it slips further there is possibility of further correction, say experts.
If the index fails to decisively close above 8600 level in the upcoming week, markets could see further decline up to levels of 8500 on the Nifty, and around 300 levels on the Sensex.
The movement of Bank Nifty will be important level to track in the upcoming week. The index closed around 18,500, and if it slips further there is possibility of further correction, say experts.
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