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Akhilesh Jat SEBI RA

29 mins ago · SEBI Registration INH000016649

Nifty50 Snaps 4-Day Winning Run as Expiry Volatility Hits

Nifty50 ended lower, breaking a four-session winning streak amid expiry-day volatility. IT stocks remained under pressure, while Coal India gained over 3%. IT stocks remained under pressure, extending their recent weakness, while Coal India emerged as one of the strongest gainers in the Nifty50 pack. The Nifty50 closed lower on Thursday, ending its four-session winning streak as expiry-day volatility triggered cautious trading sentiment. Selling pressure persisted through the session, with the information technology sector weighing on the benchmark index. Nifty IT extended its decline for the third consecutive session, remaining the primary drag on market performance. Among the notable losers, LTM fell 2.84%, reflecting continued weakness in the technology segment. On the positive side, Coal India gained more than 3% and emerged as one of the top performers within the Nifty50 index. The stock has remained in focus due to its recent price strength and improving momentum. Coal India

COALINDIA
continues to exhibit positive momentum after its recent upmove. Technically, ₹436.50 remains an important near-term resistance level, while ₹409.50 is likely to act as key support. A sustained move above resistance may support further upside, whereas a break below support could signal renewed selling pressure. Disclosure: I have no holding in the mentioned scrip. This content is shared solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell.

#Post-ClosingCommentary#TrendingSectors
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