Read the full story here.)Sensex Today Live : ABFRL, Infosys, RIL, Airtel, Vi, Sanofi, HAL, Aurobindo Pharma, are some stocks likely to be in focus on Tuesday, April 2.Sensex Today Live : The Sensex and Nifty 50, India's primary stock market indices, are anticipated to commence Tuesday's trading session on a downbeat note, influenced by unfavorable cues from the global markets. The Gift Nifty trends also suggest a gap-down opening for the Indian benchmark index, trading around the 22,550 level, nearly 50 points lower than the previous close of Nifty futures.On the previous trading day, Monday, the domestic equity benchmark indices concluded the session with a half percent increase, setting new record highs, with the Nifty 50 closing above the 22,400 mark.
The Sensex rose by 363.20 points to end at 74,014.55, while the Nifty 50 increased by 135.10 points or 0.61%, settling at 22,462.00.On the daily chart, the Nifty 50 formed a small positive candle with an upper shadow. "This pattern technically signifies the formation of a type of candle pattern.
Such a doji formation at new highs or after a significant upward movement indicates the possibility of consolidation or a minor dip from the higher levels," stated Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities. (Read the full story here.)Sensex Today Live : India's leading equity indices, Sensex and Nifty 50, are projected to start off Tuesday on a lower note, mirroring the weak global sentiment due to a surge in US Treasury yields and oil prices.
Read more on livemint.com