Key Points
MUMBAI: Benchmark indices clocked close to 1% weekly gains last week and scaled lifetime highs, on the back of sustained inflows from foreign investors...
However, in the week ahead, some volatility is likely to kick in amid the expiry of the February derivative series...
In Nifty, in the short term, the index can move towards 22400 and a move above it can take it to 22700, said Arvinder Singh Nanda, Senior Vice President, Master Capital Services...
The week also marks the expiry of the February derivative series, and therefore, some volatility is bound to be seen as traders rollover positions to the March derivative seres...
Foreign institutional investors turned net buyers of equities in the week ended February 23, and the strong inflows drove benchmark indices to record highs...
