A morning walk down Dalal Street



It was a day of consolidation on D-Street on June 4 as the Nifty moved in a 100-point range. But, the good news is that Sensex held on to its crucial support at 40,000 while the Nifty50 also closed above 12,000.

The S&P BSE IT index slipped over 1 percent on rise in rupee, the S&P BSE Healthcare index was down 1 percent and the S&P BSE Oil & Gas index closed 0.84 percent lower.


Analysts advise investors to remain cautious ahead of the outcome of the MPC meeting on June 6. The Indian market was shut on June 5 on account of Eid.
 

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