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Pre-market action: Here's the trade setup for today's session

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Pre-market action: Here's the trade setup for today's session
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Market & Financial Impact: On Thursday, Indian benchmark indices started with little movement, remaining in a narrow range as traders reacted to the elevated crude oil prices that dampened investor sentiment. However, a boost from the Closing Auction Session allowed the indices to make a comeback and finish positively for the day. While foreign portfolio investors offloaded shares, domestic institutional investors stepped in as net buyers.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Analysts say immediate bias in the index continues to remain down and only a formation of higher high and higher low on a sustained basis in the daily chart will signal a pause in the current down trend.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

Bigger or Better: One order from Power Grid Corp added $1 billion to the market cap of a company – Final part

Banks have received a flood of money. Now comes the real test

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Economic Times ↗
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