Analysts said upsides in the stock benchmarks were capped as investors and traders were, at the time, awaiting US consumer inflation data after trading hours in Mumbai on Wednesday.
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