The Nifty took a breather after hitting a record high of
9,218 in the earlier week and closed 0.56 percent bring down for the week
finished March 24, 2017. The S&P BSE Sensex ended 0.7 percent lower at
29,421.40 in the same period.
The S&P BSE
midcap index closed 0.3 percent lower, while the S&P BSE Smallcap index
ended 0.4 percent higher for the week ended March 24.
The market is consolidating in a narrow range close to
its critical support level, which still warrants some alert as a breakdown
could take the index towards even lower levels from here. However, a breakout,
could take the Nifty towards 9,218-9,250 level and beyond.
Sebi bans RIL from equity derivatives

March F&O expiry
Stock Future Tips The stock exchange is expected to stay volatile in front
of the expiry of March month’s contract as traders roll over their derivative
positions (Futures & Options (F&O)) segment from the near-month March
2017 series to April 2017 series.
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