Indian benchmark indices ended in the red on Thursday dragged by auto, IT and metal bank stocks. While Nifty closed at 22,397.20, down by 73.30 points or 0.33%, the BSE Sensex closed in the red at 73,828.91, declining by 200.85 points or 0.27%.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said that the Nifty has been forming a symmetrical triangle pattern on the hourly chart, which is a continuation pattern. For the past three days, Nifty has largely remained within the range of 22,350–22,550, he added. “A decisive move above 22,550 could trigger a meaningful rally in the short term. Conversely, a decisive fall below 22,350 could weaken sentiment in the short term,” De said.Here are 2 stock recommendations for Monday:
Market Trading Guide: Tata Steel and Uno Minda are stock recommendations for Monday
Indian benchmark indices ended in the red on Thursday dragged by auto, IT and metal bank stocks. While Nifty closed at 22,397.20, down by 73.30
March 16, 2025