New Delhi, Jan. 12 -- Breakout stocks to buy or sell: The Indian stock market closed in a negative territory for fifth session straight on Friday, January 9, led by US tariffs worries, cautious sentiment ahead of the Q3 earnings season, and continued foreign investor outflows.
The Sensex declined 605 points, or 0.72%, to close at 83,576.24, while the Nifty 50 shed 194 points, or 0.75%, to finish at 25,683.30. Broader market sentiment stayed weak as well, with the BSE Midcap index slipping 0.90% and the Smallcap index plunging 1.74%.
According to Sumeet Bagadia, Executive Director at Choice Broking, the Nifty 50 opened on a weak note and extended its decline throughout the session, indicating persistent selling pressure and bearish senti...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.