Long Bear News Today

A long bear candle was formed on the daily chart with an upper shadow. This candle pattern indicates the formation of a short-term top reversal pattern in Nifty at the swing high of 20,222 levels

Led by losses in index heavyweight Reliance Industries, private lenders and select IT stocks, benchmark indices extended their losses to the fourth day on Wednesday. Weak global markets, a mixed set of Q3 earnings and selling by foreign institutional investors (FIIs) dented the domestic market mood in todays session. Meanwhile, investors chose to book profits ahead of the Union Budget on Monday, February 1. The BSE barometer Sensex plunged 938 points to 47,410 while its NSE counterpart Nifty...