Indices: Stock market update: Nifty Pharma index advances 0.52% in a weak market
The Nifty Pharma index was trading 0.52 per cent up at 19224.85.
Source: indiatimes.com
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The Nifty Pharma index was trading 0.52 per cent up at 19224.85.
The Nifty Bank index was trading 0.13 per cent down at 49168.5.
The 30-share BSE Sensex closed up 128.33 points at 74611.11
Nifty on Wednesday ended about 39 points lower to form a Shooting Star pattern on the daily chart to indicate a strong possibility of further weakness from current levels.
Nifty's short-term uptrend seems to have resumed after one day of weakness. The next upside levels to be watched are around 22,800-22,900. Immediate support is at 22,500, said Nagaraj Shetti of HDFC Securities.