Having breached the recent highs of 22,249, the Nifty is expected to move towards the next upside target of 22,500-22,600 levels in one week. Immediate support is at 22,050, said Nagaraj Shetti of HDFC Securities.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,