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Sensex holding Lower Top formation

The short-term market texture is still in to the weak side, but one technical bounce back possible if the index succeeds to trade above 72,200pts

Sensex formed a long bearish candle, which is indicating further weakness from the current level

By closing below the previous week’s low, the index confirmed the bearish Engulfing implications

Bleak investor sentiment may continue

If Nifty extends the rally, it may reach the 20500 zone

Mumbai: On Thursday, the benchmark indices witnessed narrow range activity as BSE Sensex was down by 65 points. Among sectors, Media index was...

Nifty traded almost in the previous day’s range; Even on Thursday, it traded in the first hour’s range and closed below the opening level

In this week, the benchmark indices witnessed selling pressure at higher levels, where the 30-share benchmark index BSE Sensex was down over 400...