Nifty may gap up sharply in Muhurat trading, expert warns of profit booking

Nifty may gap up sharply in Muhurat trading, expert warns of profit booking

Nifty 50 could open sharply higher in Sunday's Muhurat trading session on bullish sentiment, but thin volumes and overbought indicators may cap gains, says Ashish Kyal of Waves Strategy Advisors. He expects the index to trade between 25,050 and 25,150, with profit booking following the initial surge. Kyal picks Axis Bank, Bank of Maharashtra and HCL Technologies.

Source: Moneycontrol

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