Nifty opened flat and traded within a narrow range, closing negatively at 24,205, noted Hrishikesh Yedve from Asit C. Mehta Investment Intermediates. He highlighted that the Nifty Smallcap 100 index outperformed the benchmarks, gaining around 1.15%
Big investors ditch tech ahead of expected September stocks slump
Big investors, fearful of September’s typical seasonal declines, exited profitable stock positions on Tuesday, according to investors and trading company research, a sign the selloff