Markets under pressure, expect more consolidation(Market Watch)
By
Arun Kejriwal ( IANS)
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Published on
Sun, Feb 21 2021 14:12 IST
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Bombay Stock Exchange (BSE). (File Photo: IANS). Image Source: IANS News
Markets were under pressure last week and the bull tide seemed to have turned the corner on Tuesday itself. BSESENSEX rose from the previous day's close of 52,154 points intraday to a high of 52,516 points and then fell to close at 52,104 points, a loss of 50 points compared to the previous day. The fall from the high was 412 points. This broke the momentum of the markets and they fell for the next three days, and even wiped out the sharp gains registered on Monday of over 600 points. Similar was the case with NIFTY as well.