Stock market recap, Jan. 8 -- Frontline indices, the Sensex and the Nifty 50, declined for the third consecutive session on Wednesday, 7 January, amid mixed global cues.
The Sensex dropped 102 points, or 0.12%, to end at 84,961.14, while the Nifty 50 settled at 26,140.75, down 38 points, or 0.14%. The mid and small-cap indices outperformed. The BSE Midcap and Smallcap indices rose 0.47% and 0.12%, respectively.
Why it's recommended: Titan continues to display strength within its uptrend, supported by robust trend structure and rising buying interest in consumption-heavy counters. The RSI at 58 signals healthy bullish momentum without being overbought, while the MACD at +20 shows a strong positive crossover that reinforces the continuati...
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.