Indian equity benchmarks finished a choppy session lower on Friday ending a three-day winning run dragged by financial and auto stocks. However, gains in IT, Oil & Gas and Consumer shares limited the downside. Nifty saw a cut of near 0.40% to close just above 17000, Sensex lost 0.33% to end near 57000.
Tg @AlliesFin
US dollar index traded near 96.12, 10 year traded near 1.49%.
Crude futures continued to trade higher, WTI trades near 73, Brent above 76.
*For the week watch out for continuation of choppy trade on the back of low volumes as the holiday season unfolds. Also December month expiry and year end NAV related moves may lead to some additional volatilty in institutional dominated names. Traders may watch out for Nifty range of 16816 to 17171 for the week to position for trade.*
By: via @AlliesFin Serve Stock Market
