News > Nifty50 to remain rangebound for now? Key market cues before Monday's session

Nifty50 to remain rangebound for now? Key market cues before Monday's session

Dalal Street began the Samvat 2078 with a bang, with benchmark indices rising half a percent each in a special, one-hour Muhurat trading session on Diwali. Broad-based gains, led by automobile, oil & gas and select financial stocks, pushed the headline gauges higher on Diwali.

What do the charts suggest for Dalal Street now? The short-term trend in the Nifty appears to be rangebound with a weak bias, say market experts.