Street turnover clocks new high of Rs 1,57,781 crore
Equity markets witnessed high volatility on Tuesday as investors, who played it smart by buying stock before elections results last week, booked profits while short sellers rushed to cover their position both in National Stock Exchange (NSE) Nifty futures and calls options.
This led to indices witnessing sharp intra-day movement in an all-time high market turnover of Rs 1,57,781 crore.
Within few minutes of opening with a large gap up, Nifty slipped southwards and moved into the red territory, losing more than 140 points. But, short covering helped it make a comeback into the green territory.
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To read the ePaper, visit: http://e.mydigitalfc.com
This led to indices witnessing sharp intra-day movement in an all-time high market turnover of Rs 1,57,781 crore.
Within few minutes of opening with a large gap up, Nifty slipped southwards and moved into the red territory, losing more than 140 points. But, short covering helped it make a comeback into the green territory.
To read the full article, click here..
To read the ePaper, visit: http://e.mydigitalfc.com
Labels: high market turnover, it stocks, market movement, national stock exchange, nifty future, nifty gained, sensex, volatility
posted by PressMart Team at
12:14 PM
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