Nifty hit a new all-time high at 24855 thanks to Infosys but the duo of Reliance and HDFC Bank dragged it way below from that level and it could barely manage to hold on to 24500 levels.
Bank Nifty also slipped but somehow managed to end above 52250.
Next weel is the Union Budget so 51800-52000 levels are crucial for Bank Nifty. Any breach of these levels may drag the indices further.
Please watch the video to know more about the market moves today.
Thank you,
Umesh
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