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    2 public sector companies in the energy space line up with 5-8% gains

    Synopsis

    Nifty hit a high soon after opening but could not maintain the altitude due to selling pressure. It dipped into negative and closed with a loss.

    The markets witnessed corrective pressure on Friday on the anticipated lines. The Nifty oscillated in a much wider-than-usual range during the trading session. The markets saw a strong start. The Nifty 50 started on a strong footing as it marked its high point in the early hour of the session. After that, the markets started giving up its gains. The Nifty succumbed to strong selling pressure. It not only gave up all the gains but also slipped
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    The Economic Times