Sell-on-rise could persist if Nifty stays below 24,000-24,200 zone
Analysts said sell-on-rise may continue as long as Nifty remains below the 24,000—24,200 zone. Sensex and Nifty settled higher on Friday after four straight down sessions, as traders stayed cautious ahead of US non-farm payroll and unemployment data.
Benchmark equity indices Sensex and Nifty settled higher on Friday after declining for four straight sessions, tracking gains in global stock markets.Traders remained cautious ahead of the US non-farm payroll and unemployment data, which could have a significant bearing on the Federal Reserve's rat…