New Delhi, March 13 -- Stock market recap for 12 March
Trading started on Wednesday with some apprehension but the strong resurgence by the bulls surprised the bearish camp. Taking some strength from the sharp upward traction for the entire last week, there's a bullish resurgence. The trends though are not indicating any sign of reversal, hence we should continue to look for trading rather than investing opportunities. The markets displayed volatility once more, ending the day in red with the Nifty closing below 22600.
Early weakness was driven by IT and banking heavyweights reacting to their earnings reports, dragging the benchmark indices lower. CPSE, public banks, and metal sectors seem to be on a revival mode and could look to exten...
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