Mumbai: The BSE Sensex declined 195.18 points to 77,468.82 in early trade on Friday. The NSE Nifty went down 44.80 points to 24,129.25.
IIFL Securities said that Derivatives data and price set up suggests, till Nifty holds below 24200 zones weakness could be seen towards 24000 then 23900 zones while hurdles are placed at 24300 and 24444 zones.
Till Bank Nifty holds below 56500 zones weakness could be seen towards 55750 then 55500 levels while hurdles have shifted lower to 57000 then 57500 zone.
In the cash market, Flls were net sellers to the tune of 2686 crores while DII’s were net buyers worth 496 crores.
WTI crude futures climbed toward $97 per barrel on Friday, marking a sharp weekly gain of more than 17% as supply concerns intensified.
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