Trade Setup for May 3: Will heavyweight banks keep the Nifty gains
Thu, May 2, 2024 8:19 PM

Trade Setup for May 3: Will heavyweight banks keep the Nifty gains

A Flip by Riya Sharma
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The truncated week has turned out to be a decent one for the Nifty but the last two days have been dodgy. Index heavyweights in the form of private banks are keeping the Nifty upside in check. The weekly options expiry session on Thursday followed a script similar to Thursday. While there was negative newsflow surrounding Kotak Mahindra Bank, ICICI Bank and Axis Bank also followed suit.

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