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Benchmark index closed below 8EMA and prior breakout level of 21,593 pts
On the day of weekly expiry, the benchmark indices witnessed narrow-range activity as BSE Sensex was up by 142 points
Nifty is still trading below the short-term averages of 5 and 8EMAs
But pullback rally may continue if the index succeeds to trade above 59,700pts
Nifty closed above previous day’s high and tested the prior swing low; The volume was low on Tuesday
Mumbai: On Monday, the benchmark indices witnessed a range-bound activity, after a lackluster momentum, BSE Sensex closed at 62,835 points.Among...
Only FMCG and IT indices rise by 0.58% and 0.25% respectively
The benchmark indices further closed at a new lifetime high with another over 100 point gain.