Indian stock market, Jan. 25 -- Both Indian indices - Sensex and Nifty - ended in red on Friday, January 23, on profit booking and ongoing geopolitical uncertainties, after closing with decent gains on previous session.
The Sensex tumbled 770 points, or 0.94%, to end at 81,537.70, while the Nifty 50 declined 241 points, or 0.95%, to close at 25,048.65.
According to Sumeet Bagadia, Executive Director at Choice Broking, the Nifty 50 opened on a flat-to-positive note and registered an intraday high of 25,347.95; however, it failed to sustain at higher levels, briefly breached the key support around 25,100, formed a low of 25,050, and eventually closed at 25,048.65. This price action suggests selling pressure at higher levels and a lack of ...
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