Miscellaneous

Nifty started the week on a weaker note and witnessed sharp selloff from the long term monthly resistance. Overall the index is likely to stay weak until it stays below 12400-12450.

The market started the week with a strong selloff on the back of geopolitical tension after a senior Iranian military official was killed in a United States airstrike.

Nifty started the January Future and Options series with strong gains backed by positive global cues and banking stocks. Public banking space witnessed strong

Nifty added more than 1 percent in the week ended December 13 amid weak domestic data but positive global cues pushed the indices near the all-time highs.

Nifty ended the week above 12050 with a gain of 1 percent after hitting a fresh record high. The big gains however came from midcap and small cap space.