Market traded higher on Friday; Nifty likely to touch all-time high soon
The Nifty traded with positive sentiments on Friday on strong global cues, as the US-China trade talk progressed in a positive direction. The index closed at 12,086.70, adding 114.90 points. PSU banks, metal and reality stocks traded with positive sentiments through the day and gained the most among the indices. Banknifty closed at 32,014.30, adding 348.80 points from the previous day’s closing.
As per weekly option data, handful of Put writing on lower strikes ranging from 12,000 to 12,100 which shows the Nifty is witnessing good support in