Post Market:
Bottom out or Relief Rally???
We can see smile on most of the investors.
But I feel it as a relief rally until Nifty trading below 15950 Level.
Market never move in a straight line. Pull backs are part and parcel of the game.
Us Futures were trading in green throughout the day and even after opening they started moving up as there is no major News flow in last couple of days. (In down trend no news is also a good news)
But good to see today's Broader market closing in the green. In Nifty 50, 49 Stocks closed in the green.
#NIFTYIT Up by 3%
#NIFTYMETAL Up By 3.97%
#NIFTYAUTO Up by 2%