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

CNBC TV18 | 07/11/2021 07:19 PM | Click to read full article

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.