Ahead of Market: 12 things that will decide stock action on Tuesday
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Nifty ended at 15,583, managing to cross the crucial level of 15,550 on a closing basis.
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NEW DELHI: Domestic indices on Monday extended last week s gains and rose nearly 1 per cent to hit fresh record highs. Strong buying interest seen in
RIL and private financial stocks boosted investors’ sentiments. Nifty ended at 15,583, managing to cross the crucial level of 15,550 on a closing basis.
Nifty rose for the seventh straight session and formed a bullish candle on the daily chart. Analysts said there is a good chance of Nifty50 further extending these gains and climbing to 15,700 level if it manages to hold the crucial support level of 15,370. Will Nifty continue its upward journey or consolidate a bit in the next few sessions?