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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 SECTIONS Share Synopsis 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. Related 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?

stock market analysis: Ahead of Market: 12 things that will decide stock action on Monday

Analysts said Nifty may witness further bounce if it manages to hold above this level. Can the index manage to take out the 15,300 level this week? Or will we see some more consolidation?

Board of Rossell India approves sale of tea estate at Jorhat, Assam

Golaghat, Dist. Jorhat, Assam, having the production base of about 4.80 lakh Kgs. of Black Tea. Accordingly, an Agreement was signed and executed by the company on 12 March 2021 to sale the said Tea Estate as a going concern on and from 5 April 2021. The sale of the said Tea Estate shall not have any significant impact on the profitability of the Company. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed

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