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Ahead of Market: 12 things that will decide stock action on Thursday


Ahead of Market: 12 things that will decide stock action on Thursday
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Sensex slipped below the 52,000 mark, while Nifty ended below the crucial 15,550 level.
Nifty traded in a wide range of 233 points in a volatile session and formed a bearish candle on the daily chart.
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NEW DELHI: Domestic equity indices opened in the green on Wednesday, but erased all gains in the afternoon session amid selling pressure across sectors. Sensex slipped below the 52,000 mark, while Nifty ended below the crucial 15,550 level.
Nifty traded in a wide range of 233 points in a volatile session and formed a bearish candle on the daily chart. Analysts said the index was forming indecisive candles for some time, which suggested more weakness in the coming days. Will Nifty get past the key resistance level of 15,800 or will it slip further? ....

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Market Wrap Podcast, May 20: Here's all that happened in the markets today

Read more about Market Wrap Podcast, May 20: Here s all that happened in the markets today on Business Standard. The BSE barometer of 30-shares was down 338 points, or 0.68 per cent, at 49,565 levels while the Nifty50 index quoted at 14,906 levels, down 124 points or 0.83 per cent ....

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RPT-Indian shares rise with financials in lead as COVID-19 cases fall


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BENGALURU, May 17 (Reuters) - Indian shares rose on Monday as market sentiment improved after domestic coronavirus cases fell below the 300,000 mark for the first time since April 21, with financials rebounding from a sharp drop in the previous session.
The NSE Nifty 50 index climbed 0.82% to 14,798.55 by 0505 GMT, up after three straight sessions of falls, while the benchmark S&P BSE Sensex advanced 0.93% to 49,191.68.
Last week, both indexes lost 0.9% after worries over higher U.S. inflation triggered a sell-off in global markets.
“The decline in the speed of new cases is helping domestic markets,” said Narendra Solanki, head of equity research (fundamental) at Anand Rathi Investment Services. ....

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