11,250 Important Support Level For Nifty, Says Pradip Hotchandani
The S&P BSE Sensex and NSE Nifty 50 indexes registered fourth session of losses on Thursday. In the last four trading sessions the Sensex has fallen 883 points or 2.26 per cent and Nifty has dropped 257 points or 2.22 per cent. The losses in the benchmarks came on the back of sharp selloff in banking and financial services shares. The sub-index of banking shares on the NSE tumbled 1,586 points or 5.29 per cent. “After Finance Minister Nirmala Sitharaman announced surprise tax cuts the benchmarks staged a sharp jump…
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