scorecardresearchTechnical View: Nifty forms bearish candle; analysts expect more weakness

Technical View: Nifty forms bearish candle; analysts expect more weakness

Updated: 25 May 2022, 04:59 PM IST
TL;DR.
  • Nifty opened at 16,196.35 against the previous close of 16,125.15 and touched intraday high and low of 16,223.35 and 16,006.95 respectively. The index finally closed 99 points, or 0.62 percent, lower at 16,025.80.
Nifty IT index emerged as the top loser among the sectoral indices, with a loss of 3.38 percent. Photo: Unsplash

Nifty IT index emerged as the top loser among the sectoral indices, with a loss of 3.38 percent. Photo: Unsplash