Buy or sell stocks, May 10 -- Despite showcasing resilience against the India-Pakistan war buzz, the Indian stock market witnessed sell-off pressure on the last two sessions last week. After going off on Thursday, key benchmark indices of Dalal Street came under sharp selling pressure on Friday. The Nifty 50 crashed 265 points, or 1.1%, to close slightly above the 24,000 mark at 24,008. The BSE Sensex tumbled 880 points, or 1.10%, marking its steepest intraday fall since April 7, to settle at 79,454.
Sumeet Bagadia, Executive Director at Choice Broking, believes Indian stock market sentiment has turned cautious as the Nifty 50 index slipped below 200-DEMA support at 24,050. The Choice Broking expert said the next support is placed at 23,...
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