D-Street erases gains, trades lower amid mixed global cues
“There are no major global or domestic triggers that can move the markets decisively as of now. Therefore, the market is likely to meander around the current levels. 18,400 for Nifty is acting as a resistance level. For Nifty to move up to and beyond record highs some strong triggers are necessary and that is not happening,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.
