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Ahead of Market: 12 things that will decide stock action on Friday
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Ahead of Market: 12 things that will decide stock action on Friday
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Last Updated: May 20, 2021, 10:20 PM IST
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Analysts said, Nifty may end up going back to a broad trading range if it doesn t end up seeing any followup buying.
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NSE
By Sabari Saran
New Delhi: The domestic equity market continued to fall for the second straight day as sharp sell-off in metals and financial counters weighed on investor sentiment. The index breached the psychologically important 15,000-mark, forming a bearish candle on the daily chart.
Analysts said, Nifty may end up going back to a broad trading range if it doesn t end up seeing any followup buying. Nifty will need to hold above the 15,000 level to witness any further bounce. Will the market regain the 15,000 level or see pain in the short term?