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Markets falter for 6th day; Sensex tanks 425 points, Nifty below 15,250

Equity indices opened the trade on a muted note on Friday, with the Sensex tanking 425 points in early trade, in line with weak global markets and concerns over unabated foreign capital outflows. ....

Soult Ukpyolsi , South Korea , Hong Kong , Sun Pharma , Investment Strategist At Geojit Financial Services , Reliance Industries , Google News , Image Source , Asian Paints , Tech Mahindra , Chief Investment Strategist , Geojit Financial , Stock Market News , Sensex News , Ifty Share Price , Nifty Level , Nifty Support Level , Ifty Resistance , S Inflation , Ifty Latest News ,

Trade Setup: Nifty showing no signs of a let-up; short-term support at 13,800

Trade Setup: Nifty showing no signs of a let-up; short-term support at 13,800
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Synopsis
The levels of 14,050 and 14,110 will act as potential resistance points while supports will come in at 13,910 and 13,860.
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Monday s session is likely to have a quiet start to the day again.
In a narrow-ranged session on Friday, the domestic equity market stepped into the new year on a quiet note, consolidated in a strong way and ended the day with a modest gain.
After a positive start, headline index Nifty stayed in the green throughout the session. However, the market remained within a very limited and defined range for the entire day. It showed some strength in the second half of the trade, but the last hour saw some paring of gains which kept the overall gains under check. Nifty closed on a modestly positive note, gaining 36.75 points or 0.26 per cent. ....

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