Buy or sell stocks, April 17 -- The Indian stock market ended Thursday's session on April 16 with modest losses, as key indices failed to hold on to their opening gains after touching their highest levels since early March. After a 1.6% surge in the previous session, the Nifty 50 closed 0.14% lower at 24,196, while the Sensex settled at 77,988, down 0.16% from the previous close.
Sumeet Bagadia, Executive Director at Choice Broking, said that the Nifty 50 opened on a strong bullish note, registering a gap-up of nearly 155 points, indicating positive sentiment at the start of the session. It moved higher to touch an intraday high of 24,400.95; however, this momentum was not sustained as the index witnessed a sharp decline afterward.
Desp...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.