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The session, split into two parts, will involve an intra-day switch from the primary site to the disaster recovery site for both equity and equity derivative segments.
Despite the positive sentiment, technical indicators for Nifty 50 are urging caution. The index formed a bearish engulfing pattern on the daily chart, indicating potential weakness ahead. The weekly chart reflects a gravestone doji pattern, hinting at a potential reversal. - Newsx
Get latest articles and stories on Business at LatestLY. The Sensex, India's benchmark index, closed at 74,482.78, marking a decline of 188.50 points or 0.25 per cent after reaching an intraday and all-time high of 75,111.39. Similarly, the Nifty 50 concluded at 22,604.85, down by 38.55 points or 0.17 per cent from its 52-week high of 22,783.35. Business News | Sensex-Nifty Reverse Gains, Close Lower Amid Sectoral Fluctuations.
In a tumultuous day of trading, the Indian stock market nosedived into negative territory, succumbing to the escalating tensions between Iran and Israel.
The stock market started the trading day with a notable upward trajectory with Sensex and Nifty indices opened with green the holiday.