Asian Markets Lower, GIFT Nifty Signals A Muted Start | CNBC TV18

Описание: The market has been witnessing continued buying interest for six days in a row. But technical indicators on July 4 showed some tiredness on the charts, signalling the possibility of some correction or consolidation in the next few days as the Nifty50 surged 788 points in the last six days.

The BSE Sensex climbed 274 points to 65,479, while the Nifty50 rose 67 points to 19,389 and formed a Hanging Man kind of candlestick pattern on the daily charts, which is a bearish reversal pattern formed at the top of the uptrend.

Meanwhile, Nifty futures traded 13 points, or 0.07 per cent, higher at 19,506.50, signaling that Dalal Street was headed for muted start today.


#stockmarketupdates #sensex #nifty #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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