Nifty hits record, but charts hint trend may be about to reverse
Mint Mumbai|February 03, 2024
The benchmark Nifty index hit a fresh record high on Friday but closed sharply lower, suggesting the recent upward trend may be about to reverse in the short term, technical analysts said.
Ram Sahgal

This will be confirmed if the index closes below Friday's lows on Monday.

The Sensex also rallied, but failed to hit a fresh high, closing instead over a thousand points off the day's peak.

The Nifty surged 1.97% to a record high of 22126.80, briefly surpassing its previous record of 22124.15 on 16 January, before closing up 0.72% at 21853.80. The Sensex vaulted 2% to 73,089.4, but closed almost 1,000 points off the day's high at 72085.63, upjust three-fifths of a percent.

هذه القصة مأخوذة من طبعة February 03, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 03, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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