Bank’s dragged nifty 50 from above 22,000 points. Except oil, information technology all sectors ended in red.
- Nifty 50 opened in green with 60 points, but from 10:00 to 11:00 market felled nearly 290 points.
- Except 3 banks all ended in red, mostly Kotak and ICICI were active in dragging.
- RBI decision didn’t inspire investors.
- To know timeline of Nifty 50 refer the table below.
| TIME | ACTION |
| 9:15 to 10:00 | From high 22011 faced some support at 21966 |
| 10:00 to 11:00 | From 21966 it fell nearly 390 point and took support at 21736 |
| 11:00 to 14:05 | Consolidated between 21736 and 21816 |
| 14:05 to 15:30 | Consolidation range came below. (From 21736 to 21667) |
- To now fii and dii data refer the table below
| INSTITUTION | + (BUY) / -(Sell) in Rs. Crore |
| FII | -4933.78 |
| BII | +5512.32 |
| Total | +578.54 |
