Dear friends! It's great to have you at ETMarkets Evening Podcast.
I am Swati Verma and will bring you a round-up of what all happened during the day's trading, with views and insights from market mavens.
Traders turned indecisive for the second straight session on Friday. The day saw the Nifty offsetting earlier gains and ending up with a bearish candle on the daily chart.
While Nifty's closing is the lowest in over a month, the Sensex held above the psychologically crucial 34,000-mark.
Financial stocks fell, with Punjab National Bank down for the third straight session after it said this week that it had been hit by a Rs 11,400 crore fraud.
The Nifty's fall was 93.20 points, 0.88 per cent at 10,452 and the Sensex settled lower by 287 points, or 0.84 per cent, at 34,011.
Of the total 50 stocks in the Nifty pack, 41 declined, barring 9.
BSE midcap and smallcap indices fell more, down 1.20 per cent and 1.22 per cent, respectively.
India’s trade gap widened the most in four years in January as imports swelled and export growth slipped, which weighed on sentiment.
We have with us Chirag Singhvi of KIFS Trade Capital to share his thoughts on Fundamentals.
Byte 1: Chirag Singhvi
Torrent Pharma witnessed the biggest spike in open interest at 144.77 per cent. Fortis Healthcare (31.80 per cent) was next, followed by Motherson Sumi (25.25 per cent).
Vijay Singhania from Trade Smart Online has more to offer on F&O mart.
Byte 2: Vijay Singhania
As many as 32 securities hit their fresh 52-week lows. A total of 17 stocks scaled fresh 52-week highs.
Milan Vaishnav of Gemstone Equity Research and Advisory gives insights on the technical side.
Byte 3: Milan Vaishnav
That's all for now. Do check out ETMarkets.com for detailed market analysis and come back for our regular morning podcast feed. Have a great evening ahead.