Daily market commentary - March 31, 2020 - Bonanza Portfolio

Mr. Vishal Wagh, Research Head

"Today, the market opened bullish on the back of stable global cues. Bulls tightened their grip on market and kept it in bullish territory throughout the day. USDINR has witnessed supply on the higher side. India VIX dropped by 10%. All sectors closed in the green led by FMCG, Metal and Pharma. Market breadth remained in favour of Bulls. Going forward, Nifty will find support around 8240 level whereas resistance will be seen around 9060."

Source : Equity Bulls

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