Nifty extended losses for the fourth consecutive session and closed over 40 points down on the last day of January F&O series expiry. The market had opened with a gap-down in line with global markets after the US Federal Reserve announced tapering of bond purchase programmed by $10 billion to $65 billion a month.
The 50-share index closed at 6,079, down 41.25 points or 0.67 per cent. It touched a high of 6,082.85 and a low of 6,027.25 in trade today.
Normally we advice our traders to stay away from Nifty next day of expiry. Lets see what market has to share on initial hours. Please keep watching the blog
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