Religare Broking Podcast

Markets extended their recovery on Monday, with the benchmarks gaining for the fourth consecutive session as easing crude prices and bargain buying supported sentiment following the recent six-week correction. 

Markets extended their recovery for the second straight session on Friday, supported by easing crude prices and bargain buying after the recent correction. The benchmarks opened higher and remained range-bound through the session, with the Nifty holding above the 23,300 mark for most of the day. The Nifty settled at 23,346.40, up 0.33%, while the Sensex closed at 74,294.96.

Markets staged a recovery on Wednesday following the recent sharp sell-off, gaining nearly half a percent and providing some respite from the prevailing weakness. 

Markets remained volatile on Tuesday and declined by over 1%, extending the prevailing corrective phase.

Markets came under renewed selling pressure on Friday, extending the corrective phase amid weak global cues.

Markets remained under pressure on Wednesday, extending the recent corrective phase as escalating geopolitical tensions continued to weigh on investor sentiment. The Nifty declined 0.86% to close at 23,431.50, while the Sensex fell 1.08% to 74,764.23.

Markets remained under pressure on Tuesday, extending the recent corrective phase amid escalating geopolitical tensions and persistent foreign selling. After a weak opening, the Nifty remained in negative territory and eventually settled near the day’s low at 23,635.10, down around 0.61%, while the Sensex declined 0.73% to close at 75,577.58.

Markets remained under intense selling pressure on Monday, extending the ongoing corrective phase amid persistent geopolitical concerns and fear over a possible US interest rate hike.

Markets traded on a subdued note on Friday and ended almost unchanged amid mixed cues. After a flat start, the Nifty traded within a narrow range throughout the session and eventually settled at 23,897.70, up 0.10%. The Sensex closed at 76,515.43, up by around 0.48%.

Markets failed to capitalize on early gains and ended lower on the weekly expiry day. The Nifty opened gap-up, tracking positive global cues; however, selling pressure gradually drifted the index lower as the session progressed. Consequently, the Nifty settled near the day's low at 24,873.45, down 0.17%. The Sensex closed at 76,152.86, lower by around 0.55%.