New Delhi, March 10 -- Indian stock market benchmark Nifty 50 ended in the green for the third consecutive session on Friday, March 7. However, the index clocked a nominal gain of 8 points to end at 22,552.50 as concerns over foreign capital outflow, major trade war, and economic growth slowdown continue weighing on sentiment. Nevertheless, the index closed with a gain of nearly 2 per cent, snapping the losing run of the last three consecutive weeks.
According to Ajit Mishra, SVP- Research at Religare Broking, the Nifty 50 faces a crucial hurdle at its 20-day exponential moving average (DEMA) near 22,700.
"A sustained move above this level, supported by banking stocks, could push the index towards the 23,200-23,400 range. However, a clo...
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