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

Synopsis Tata Elxsi, Amrutanjan Healthcare, JSW Steel, Greenlam Industries, Suven Life Sciences, Vinati Organics and Jindal Steel & Power witnessed strong buying interest from market participants as they scaled their fresh 52-week highs on Friday, signalling bullish sentiment. Getty Images Nifty formed a Doji on both daily and weekly scales. NEW DELHI: After trading on a volatile note in Friday s session, headline index Nifty formed indecisive candles similar to Doji formations for both Friday s session and for the week gone-by. Rohit Singre of LKP Securities said Nifty50 has created a good base near the 14,250-14,200 range. “As long as these levels hold up, the structure will remain positive. A stiff hurdle lies in the 14,450-14,500 zone. The index may find fresh strength only above the 14,500 level,” he added.

Hopes of more vaccine approvals send Sensex rebounding after its worst day in 6 weeks

Hopes of more vaccine approvals send Sensex rebounding after its worst day in 6 weeks SECTIONS Share Benchmark indices Sensex and Nifty partially recovered sharp losses in the previous session. The S&P BSE Sensex index surged 744.05 points or 1.55% to touch 48,627.43 at the strongest level of the day. Related NSE Explore Now NEW DELHI: As soon as stock market bulls got a whiff of likely more vaccine approvals in the coming days that would reduce the possibility of lockdowns, benchmark indices surged on Tuesday, partly recovering sharp losses in the previous session. The market saw a partial reversal of speculative unwinding witnessed on Monday. Bulls again took charge in afternoon deals as the ongoing battle between the coronavirus and vaccine tilted in favour of the latter with approval of the third vaccine, with hopes of many more to come.

India emerges as the fastest growing country in the world by open source contribution

India emerges as the fastest growing country in the world by open source contribution
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