Street split between short covering and long buildup; cautious optimism ahead of June 4
Shorts are still holding on to positions in names like RIL and TCS, said experts, which is dragging the index lower.
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Shorts are still holding on to positions in names like RIL and TCS, said experts, which is dragging the index lower.
India's shares were higher in morning trading on Tuesday, buoyed by gains in metal stocks on higher global aluminium prices and Nalco's estimates-topping quarterly profit. The NSE Nifty...
Sensex opened at 75,585.40, and finally closed with a loss of 220 points, or 0.29 per cent, at 75,170.45.
After gyrating between gains and losses during the day, the 30-share BSE Sensex ended 0.29% lower at 75,170.45. Nifty formed a bearish candle on the daily scale. The index is trading above its key moving average supports and the RSI on the daily chart is positive.
GAIL (India) Ltd. opened its first 10 MW Green Hydrogen Plant as part of the National Green Hydrogen Mission at Vijaipur, Madhya Pradesh.