Nifty Today: “Todun Taak” - 14 Feb’22


Nifty View: Significant fall for the Indian equity markets in today's session, the benchmark Nifty index loses more than 500 points to post a close at 16,809. The short-term trend of the index is now down again, and considering the momentum with which the index corrected today, it is very likely that the selling will extend further this week. Today's close across most of the sectoral indices and most of the large-cap stocks were pretty weak, near the lowest point of the day, and so it will be prudent to wait out a few days for the selling to slow down and then try to attempt any long trades, if at all.

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