Sensex, Nifty eye third consecutive day of gains; 5 things to know before today’s opening bell
Domestic equity markets have now gained for two consecutive sessions, zooming 2.5% as they look to reverse last week’s losses. S&P BSE Sensex now sits at 50,296 while the Nifty 50 is still shy of the 15,000 mark. On Wednesday morning, SGX Nifty was up in the green, hinting at a gap-up start and continuation of the upward movement of indices. On the technical front, Nifty is on the verge of moving above and filling the opening downside and upside gaps of last week, according to Nagaraj Shetti, Technical Research Analyst, HDFC Securities, which could propel the index higher.
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