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SGX Nifty indicates 200 points decline for Nifty - The Hindu BusinessLine

SGX Nifty indicates 200 points decline for Nifty May 11, 2021 Four day rally may take a pause on weak global cues Indian markets are expected to open bearish on Thursday, amidst concern over Covid impact and weak global cues. The SGX Nifty, which currently rules at 14,783 (8 am IST) on the Singapore Stock Exchange, indicates at least 200 points gap-down opening for Nifty futures, which on Monday closed at 14,984.65 The US markets, after opening on a firm note on Monday failed to sustain the ...
India General Andhra Pradesh Mallikarjuna Rao Dishman Carbogen Amcis Motilal Oswal Aditya Birla Renewables

market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday

Explore Now NEW DELHI: Nifty saw a gap down opening on Monday, but made a smart recovery to end slightly above the previous closing, forming a bullish candle on the daily chart. Rohit Singre, Senior Technical Analyst at LKP Securities said, "The overall structure will remain cautious for Nifty50 till it trades below 14,800 zone. On the higher side, the index has a stiff hurdle at 14,720-14,800 levels. Profit booking is suggested around the said levels. Fresh breakout will be only above 14,800 l...
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