Dhaval P Vyas Investment Research

Today, the market started on a negative note and closed with a loss of 0.30% for the day. Buying came into PSU Banking, FMCG, and Energy stocks. On the other hand – IT, Media, and metal stocks were down.

Major gainers today: Adani Enterprises, Hindustan Unilever, Nestle

Major Losers today: BPCL, Hindalco, Tata Steel

Earlier, we mentioned 18900 spot as a major resistance for Nifty. After seeing some profit taking, Nifty almost reached near its second support of 18550 spot (today’s low: 18577.90 spot). Bulls may see 18550 spot levels for a chance of recovery from current levels. Tomorrow (7th December 2022) is likely to remain a little volatile day in 1st half.