Nifty Last Hour Market Update: Failed to Hold at Higher Levels and had plunged till 9780

Nifty Last Hour Market Update
Nifty Last Hour Market Update

As mentioned in the morning commentary Nifty had failed to hold at higher levels & had plunged till 9780 from a high of 9889.05 and trading around 9816 before we enter inside the last hour of trade.

The Index was dragged by Pharma & FMCG Stocks. UPL & Hindalco joined TataMotor to be Top 3 gainers while SunPharma, HUL & Zeel became top losers.

Top Traded Counters in Nifty were Reliance, HDFCBank & BajFinance. We expect Nifty to trade between 9780-9840 and a break of these ranges can see another 30-50 point quick movements.