Stock Market Today, Feb. 3 -- The benchmark Nifty-50 index ended the volatile special trading session on the Budget day, Saturday, down 0.11% at 23,482.15. For the week ending 1st February, the Nifty-50 Index was down 1.5% weekly. Even though the sectoral trend remained mixed bag, Bank Nifty ended at 49,506.95 with gains of 2.4% weekly, and Realty and Autos remained key gainers. IT & Telecom stood among the key losers. Broader indices, on the other hand, closed flat
Shrikant Chouhan, Head of Equity Research at Kotak Securities, the short-term market texture is bullish, but due to temporary overbought conditions, we could see range-bound action in the near future. For Nifty, the 20-day SMA, 23,270 and 23,100, would act as key support zone...
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