Taking Stock: Rs 20 lakh cr booster shot help Sensex climb 32K; Nifty closes below 9400
Episode 2512, May 13, 2020, 11:27 AM
A booster shot from the Prime Minister Narendra Modi post-market hours on Tuesday helped the S&P BSE Sensex climb Mount 32K on Wednesday while the Nifty50 closed just a shade below 9,400 levels.
However, bulls failed to hold the momentum. The Nifty50 which started with a gap on the upside failed to hold the momentum towards the close of the trade and ended near its intraday low which suggests selling pressure at higher levels.
However, bulls failed to hold the momentum. The Nifty50 which started with a gap on the upside failed to hold the momentum towards the close of the trade and ended near its intraday low which suggests selling pressure at higher levels.