Sensex Today | Share Market Live Updates: Sensex, Nifty up during pre-open; Asian makrets trade mixed

livemint.com:

Read the full story here.)Sensex Today Live : Airtel, Aditya Birla Capital, ITC, Indigo, Religare, SpiceJet, are some stocks likely to be in focus on Tuesday, March 12.Sensex Today Live : The Indian stock market indices are poised for a cautious start on Tuesday, taking cues from a mixed global scenario. The Gift Nifty trends suggest a slightly positive opening for the Indian benchmark index, trading around 22,445 levels, nearly 30 points higher than the previous close of Nifty futures.On Monday, domestic equity indices succumbed to weakness and closed lower, influenced by weak global indicators.

The Nifty 50 chart formed a long bearish candle, signaling a reversal of the upward trend observed in the previous two sessions.Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, pointed out that the current chart pattern on the daily chart indicates a bearish evening star type candle pattern, suggesting a short-term top reversal for the markets. Following the formation of a bullish pattern like the rising three method on Wednesday, the Nifty has reversed its short-term upward movement and formed a bearish evening star pattern on Monday.

Here’s what to expect from Nifty 50 and Bank Nifty today. (Read the full story here.)Sensex Today Live : The local equity market is projected to commence trading on a positive note on Tuesday, despite a sense of caution, as it follows a mixed trend in global markets.

Investors will be closely monitoring the release of inflation data in both India and the US later on Tuesday. On Monday, the Indian stock market experienced a broad-based selloff, with both benchmark indices ending the day nearly one percent lower due to caution ahead of significant macroeconomic data and weak