Nifty 50 eyes 23,000 amid VIX surge, but lacks strong buying; Bank Nifty lags - Motilal Oswal

Latest News About Nifty50 eyes 23,000 as buying remains weak

On 11 September, the Nifty50 closed below 23,400. The Sensex slipped 120 points during trade. Crude oil climbed past $108 a barrel. GIFT Nifty signaled a weak start for Dalal Street.

Markets ended slightly lower. Cooling oil prices were named as the reason for the pullback. Motilal Oswal said the Nifty 50 is aiming for 23,000. The VIX jumped during the day. Buying was subdued through the session. Bank Nifty lagged other indices. Axis put out details of its Nifty Energy ETF.

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