New Delhi, May 9 -- The Indian stock market benchmark indices - Sensex and Nifty 50 - are expected to open sharply lower on Friday amid ongoing geopolitical tensions between India and Pakistan. The trends on Gift Nifty also indicate a gap-down opening for the Indian stock market today.
On Thursday's trading session, the domestic equity market ended lower amid fag-end selling, as rising tensions between India and Pakistan dented sentiment.
The Sensex dropped 411.97 points, or 0.51%, to close at 80,334.81, while the Nifty 50 settled 140.60 points, or 0.58%, lower at 24,273.80.
Nifty 50 index formed a bear candle with a lower high and lower low on the daily chart. The formation signals profit booking at higher levels. The escalation of th...
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