Indian equity market had a negative start to the week as the benchmark Nifty 50 fell by 1.5 percent on January 13 due to broad-based selling, hitting a fresh seven-month low. The index has lost 1,180 points from its January high. Sentiment remains bearish, with the index trading well below all key moving averages. However, a rebound cannot be ruled out, as the momentum indicator RSI has approached near-oversold levels. However, sell on every bounce cannot be ruled out. HCL Tech, Angel One and Anand Rathi will be reacting to earnings today. Catch Nandita Khemka in conversation with Osho Krishan, Sr. Analyst – Technical & Derivative Research, Angel One and Prakash Diwan, Market Expert.
#nse #bse #stockmarket #sharemarket #marketopeningbell
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