Nifty Outlook
Nifty finally enters five-digit territory, further move likely
It was certainly a great start for the new trading week as well as the June month. Last month, there was a gap down opening on the inaugural day, and, on Monday, precisely that downside gap area was filled to kick off the new month. Our markets continued their upwards trajectory to enter the five-digit territory beyond 10,000 after nearly three months. After a good head start, markets took a pause and saw some profit-booking for a couple of days. But without much damage, the buying re-emerged at lower levels on Friday