Hi there! You are listening to ETMarkets Evening Podcast
This is Abhinav Kaul and I will take you through the motions of today’s session on Dalal Street and bring you cues and trading tips from market veterans for the upcoming trading sessions.
Monday turned out to be an action-packed day for investors on Dalal Street.
On similar lines, Nifty50 too made a sharp recovery and climbed above the 10,400 mark during the day. However, it slipped below the crucial level to settle at 10,389, up 56 points with 35 constituents ending in the green and 14 in the red.
The scrip settled at Rs 685.80 on BSE, up 3.28 per cent over its issue price.
IPO by Astron Paper got subscribed by 5.11 times on the second day of the bidding process today.
Mayuresh Joshi of Angel Broking sums up the day’s market proceeding for you in this exclusive chat with ETMarkets.com.
Byte 1: Mayuresh Joshi
Nifty50 on Monday swung in a wide 370-odd point range to eventually form a 'High Wave' candle pattern on the daily chart, suggesting doubts and confusion among market participants.
Byte 2: Chandan Taparia
That’s all for now folks. Do check out ETMarkets.com for detailed market analysis and come back for our regular morning podcast on Tuesday. Have a wonderful evening ahead.
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