Nifty April series outlook: 4 stocks where investors can park their money

Domestic equity benchmarks Sensex and Nifty 50 their snapped the three-day gaining run earlier today, with the 30-share benchmark dropping by 110 points dragged by profit-taking in select private bank and auto shares amid weak global cues and foreign fund outflows. The benchmarks had hit record highs on Monday, April 1, led by metals stocks on strong industrial data from the top consumer China, before settling around 0.5 per cent higher.

The BSE Sensex declined by 110.64 points or 0.15 per cent to settle at 73,903.91. The broader NSE Nifty dipped 8.70 points or 0.04 per cent to 22,453.30. Recovery continued in broader markets as the domestically-focused BSE smallcap gauge rose 1.28 per cent and the midcap index climbed 1.14 per cent.

 

 

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Published: 02 Apr 2024, 08:35 PM IST

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