Indian Stock market: 5th March-Nifty to stay volatile; holding 11,000 level key for bulls

Published On: Wednesday, March 4, 2020 | By: Team KnowMyStock

In a highly volatile session on Wednesday,4th March the stock market slipped back into the red.NSE Nifty made a tepid start and traded in a capped range in the morning trade. However, the bears made a comeback, as the headline index slipped below the 11,100 level. After recovering over 160 points from the day’s low in the last hour of the session, the 50-stock pack settled 52.30 points or 0.46 percent at 11,251. On 5th March, the expiry of weekly derivatives will dominate the session. As expected, Nifty is consolidating in volatile moves and is struggling to find a bottom. As of now, the index has stayed above the double bottom pattern support in the 11,050-11,100 zone. Experts expect the market to continue to consolidate with limited upsides. The trading range is also unlikely to let volatility come down significantly. Thursday’s session is likely to see a shaky start with 11,290 and 11,315 levels acting as resistance. The support is expected to come in at 11,190 and 11,100.

Closing Bell: Sensex gains 85 points, Nifty at 18755.90

Closing Bell:Sensex gains 418 points, Nifty at 18716.15

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Closing Bell: Sensex down 223 points, Nifty at 18,563

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Closing Bell: Sensex up 240 points, Nifty at 18593.85

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

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