Sensex gains 28 points in early trade
.jpg)
The benchmark Sensex rose marginally in early trade on January 24, reversing its two-session losing streak on buying in select bluechips by domestic investors amid positive Asian cues.
Investor sentiment, however, was cautious amid global headwinds, turning key indices choppy.
The 30-share index gained 28.27 points, or 0.08%, at 36,136.74 after rising to 36,1789.36 at the outset. It also slipped below the 36,000-mark to touch a low of 35,996.68 in early trade. The gauge had lost 470.49 points in the previous two sessions. In a similar movement, the NSE Nifty edged up by 3.65 points, or 0.03 %, to 10,835.15.
After many days, Nifty saw a strong reaction, as the index formed a strong bearish candle which indicates the dominance of sellers, said an Emkay Global Financial Services report.
“With this fall, the index has breached its prior 5-day low. After several failed attempts to breach the 11,000 level and strong reaction, there is a mark of strong resistance. Still, the index is in an ascending triangle and the breakout of it will dictate further trend,” it added.
.webp)
.webp)
.webp)
.webp)
.webp)
.webp)
.webp)
.webp)
.webp)







