Market ahead: Ahead of Market: 12 things that will decide stock action on Wednesday indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Analysts said certain technical indicators continue to remain in the overbought territory and the broader market sentiment has not seen any recovery, with only two stocks falling for every one that rose. Some caution is warranted, they said.
Market ahead: Ahead of Market: 12 things that will decide stock action on Tuesday indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
At Wednesday s low of 16,162, Nifty50 slipped into the bullish gap zone at 16,176-146 level registered on August 4, before staging a recovery. Analysts believe the NSE barometer is in for some more consolidation.