scorecardresearchTechnical Wrap: Nifty breaks crucial support of 17,600; analysts see market texture turning volatile

Technical Wrap: Nifty breaks crucial support of 17,600; analysts see market texture turning volatile

Updated: 12 Apr 2022, 05:10 PM IST
TL;DR.
  • Nifty Realty fell 2.76 percent while Nifty Metal and Oil & Gas fell 2.74 percent and 2.37 percent respectively. Media, IT and PSU Bank indices fell over a percent each. Nifty Bank index rose 0.36 percent.
The market is under pressure on account of Inflation worries ahead of the India and US inflation data release.

The market is under pressure on account of Inflation worries ahead of the India and US inflation data release.