03/12/2021 06:03 PM | Click to read full article
While Nifty corrected sharply, it finally took support near 16750. In an extremely volatile week, the Nifty succeeded to close above the broadly positive 100-day SMA.
Amongst the sectors, all indices, except capital goods, ended in the red wherein banking, oil & gas, and auto were the top losers. We’re seeing a roller coaster ride in markets across the globe.