Nifty At Risk Of Deeper Correction Below 25,900? | Opening Bell Live скачать в хорошем качестве

Nifty At Risk Of Deeper Correction Below 25,900? | Opening Bell Live

Nifty 50 failed to sustain above the key psychological 26,000 mark and closed 0.64% lower on December 16. The index was unable to register a decisive close above its falling resistance trendline and ended the session below short-term moving averages, highlighting continued weakness among bulls and the persistence of a lower high–lower low formation. Experts say as long as the index remains below 26,100, consolidation is likely to continue, with immediate support seen around the 25,750 zone. However, a convincing move above 26,100 could open the door for a rebound toward the 26,200–26,300 levels. In stocks to watch today, gas companies will be in focus after the PNGRB notified a uniform natural gas tariff structure. The Centre is divesting up to a 3% stake in Indian Overseas Bank via an OFS, while Ola Electric will be in focus after founder Bhavish Aggarwal sold a 0.6% stake through bulk deals to repay promoter-level loans. Catch Nandita Khemka in conversation with Mayuresh Joshi, Director – Research at Marketsmithindia.com, and Ruchit Jain, Vice President – Technical Research at Motilal Oswal Financial Services. #stockmarket #openingbell #nse #bse #live Moneycontrol is India’s leading financial portal, offering market news, expert analysis, and powerful tools. A part of Network18, moneycontrol.com is India’s most trusted destination for financial and business news. Subscribe: https://bit.ly/moneycontrolyoutube Follow us: Visit https://www.moneycontrol.com/ Facebook: /moneycontrol Twitter: /moneycontrolcom Instagram: /moneycontrolcom