BSE’s Sensex fell 770.4 points or 1.29% to close at 58,766.5. NSE’s Nifty dropped 216.5 points or 1.22% to end at 17,542.8. Mid- and small-cap shares ended higher, bucking the weakness in blue chips. The Mid-cap 150 and Small-cap 250 indices advanced almost 0.3% each.
Nifty may hit 24,060 before recovery, IT breakout imminent: Geojit’s Anand James
Despite Friday’s recovery attempt, technical charts are painting a cautious picture for Nifty in the coming week. Anand James, Chief Market Strategist at Geojit Investments