Stock market today: Nifty 50, Sensex snap 5-day winning streak on profit booking
Stock market today: Nifty 50 closed 65 points, or 0.29 per cent, lower at 22,032.30 while the Sensex settled at 73,128.77, down 199 points, or 0.27 per cent.
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Stock market today: Nifty 50 closed 65 points, or 0.29 per cent, lower at 22,032.30 while the Sensex settled at 73,128.77, down 199 points, or 0.27 per cent.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
The Nifty Bank closed flat but with a negative bias on Tuesday after rallying for four consecutive sessions as investors preferred to take some profits amid muted global cues.
For a sustained upward movement towards 22,300, Nifty needs to decisively break above 22,150. On the downside, the immediate support is located at 21,950 levels and a clear break below this level could trigger further corrections towards the 21,800 mark.
Mirroring the benchmarks, broader indices, too, hit new fresh highs before closing with marginal gains