Morning Market Insight Report – 4 Feb 2021

Bank Nifty Intraday Outlook

In yesterday’s trading session, Bank Nifty rose 1.43%, with PSU Banks gaining 2.61% and Private Banks gaining 1.70%.

We expect intraday range could be 34,044-35,458 with sideways to negative momentum & broader range could be expected between 33,759 to 35,762 zone for this week.

Nifty Intraday Outlook

In yesterday’s trading session, Nifty closed in green for third consecutive trading session, after better than expected economic data of the country was released.

We expect intraday range could be 14,514-15,031 with sideways to negative momentum while broader range could be 14,363 to 15,217.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

Results Calendar

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