‘Investors await 2021 budget reading’ | Daily News

‘Investors await 2021 budget reading’

Investors stood by the sidelines ahead of the 2021 budget reading, fueling the downfall of the market for the 3rd consecutive session. Index experienced a gradual downward movement since the beginning of the session as it hit its intraday low of 6,065 during mid-day.

Later market experienced a slight uptrend and closed at 6,077 losing 6 points. Turnover for the session was led by the Capital Goods sector closely followed by Materials and Food and Beverage sectors making a combined contribution of 59%.

Moreover parcel trades boosted the turnover for the session amounting to 14%. (First Capital Reserch)