Company Update - Ador Welding - ICICI Direct equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Even though the 50-scrip Nifty rose for the sixth straight session and closed at lifetime high, it formed an indecisive Doji on the daily chart, signalling weakness and some profit booking ahead.
Read more about Ador Welding reports consolidated net loss of Rs 8.01 crore in the March 2021 quarter on Business Standard. Sales rise 15.56% to Rs 161.67 crore
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New Delhi: The domestic equity market failed to extend its two-day gains and consolidated in a narrow range on Tuesday. Market witnessed profit taking in the banking space, though FMCG, consumer durables and IT stocks capped the fall.
Nifty kept paring any gains made throughout the day, eventually forming a Bearish Belt Hold candle on the daily chart, reflecting selling pressure. Analysts said, only a breach above the 15,300 level can open doors for any further move. As we near the derivatives expiry for May, will the market move upward or consolidate in a narrow range?
Here s how analysts read the market pulse:-