Nifty shows bearish signals with a breakdown below key averages and weakness in IT, despite signs of a short-term rebound. FMCG momentum fades after a failed breakout, while BSE nears support. Stocks like Bharti Hexacom and Aster DM show technical buying potential amid a volatile market outlook.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid