 "Trading on overseas online forex platforms illegal, punishable under FEMA")
Market traded lower on Friday on crude oil surge; Nifty managed to hold 12,200
Market traded with negative sentiment throughout the day on Friday after a US air strike killed a key Iranian and Iraqi military personnel, leading to a surge in crude oil prices by $3. The Nifty closed at 12,226.70, shedding 55.50 points, on a weak Rupee. Tech and pharma stocks traded with positive sentiments throughout the day whereas, media and PSU bank sector witnessed some pressure. Nifty bank closed at 32,069.30, shedding 374.55 points from the previous day’s closing.
We can see a big momentum in following stocks:
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