A morning walk down Dalal Street | Nifty likely to test 11,200-11300 as long as index stays above 11000
Episode 968 · Mar 11, 2019, 01:30 AM
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Well, for Friday, it was a day of profit booking on D-Street weighed down by muted global cues but Nifty50 and Sensex both managed to close above their crucial support levels. The Nifty50 closed above 11000 while Sensex held on to 36,650.
On a weekly basis, Nifty50 closed with gains of 1.5 percent while the Sensex rallied over 600 points or 1.6 percent for the week ended 8 March.
The Election Commission of India (EC) on March 10 announced schedule for the general elections to constitute the 17th Lok Sabha. The election will be held in seven phases. Counting of votes will be held on May 23.
The EC announced that the Lok Sabha polls will be conducted across the country in seven phases.