An evening walk down D-Street on April 3, 2019

Episode 1047,   Apr 03, 2019, 12:00 PM

Episode image

A day of ups and down for D-Street. The S&P BSE Sensex and Nifty50 touched fresh record highs on April 3 supported by stable global cues, but the momentum didn’t last long as traders preferred to book profits at higher levels.

The S&P BSE Sensex snapped its 4-day winning streak and fell by about 400 points from its record high of 39,270.14 while the Nifty50 also failed to hold on to 11,700 and fell by more than 100 points from its life high of 11,761.

The final tally – the S&P BSE Sensex closed 179 points lower at 38,877 while the Nifty50 dropped 69 points to close at 11,643. The Nifty50 took support at its 5-days EMA placed at 11,629.