Bank Nifty Intraday Outlook:
In yesterday’s trading session, Bank Nifty gained 0.4%. PSU Banks outperformed by 2.0% and Private banks rose 0.1%.
We expect intraday range could be 32,038-33,019 with sideways to positive momentum & broader range could be expected between 31,848 to 33,243 zone for this week.
Nifty Intraday Outlook:
In yesterday’s trading session, Nifty closed in green for the second consecutive day, as the traders remained optimistic ahead of Joe Biden’s inauguration as US president.
Traders also remained buoyant on the expectations of new additional massive round of stimulus for the economy by the US economy.
We expect intraday range could be 14,373-14,861 with sideways to positive momentum while broader range could be 14,222 to 15,021.
Daily Market Statistics
Major Global and Domestic Economic Events
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