Will Nifty slip below 19000 amidst weak global cues- See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded down 34 points or 0.18% at 19,045.5, indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously on Wednesday, the NSE Nifty 50 tanked 159.60 points or 0.83% to settle at 19,122.15, while the BSE Sensex shed as much as 522.82 points or 0.81% to 64,049.06.
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“Domestic equities saw profit booking and slipped to 3-months low. Nifty opened marginal green, but soon gave up its early gains and witnessed second consecutive day of selling to close with loss of 160 points (0.8%) at 19,122 levels. Profit booking continued in mid-cap and small-cap stocks. Except Metals and PSU Bank, all sectors ended in red. Metal …