Indian stocks start fresh week on a steady note

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New Delhi [India], November 20 (ANI): Indian stock indices started fresh week largely on a steady note, with weak cues from global benchmark US markets coupled with uncertainty over monetary policy rates in the United States...

At the opening bell, Sensex and Nifty indices in India were less than 0.1 per cent lower from their Friday closing..

Among the sectoral indices, Nifty IT, Nifty realty, Nifty pharma, and Nifty PSU bank were the top gainers, while Nifty private bank was the top loser...

Our view is that the overall market situation is positive, but due to a temporary overbought situation, we may see some range-bound action, said Shrikant Chouhan Head Equity Research, Kotak Securities...

Among all the major indices, the US markets are showing noticeable strength and have recovered considerably in the last three weeks, said Ajit Mishra, SVP Technical Research, Religare Broking...

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