Nifty may head to 17850 if it remains below 18000; watch Tata Motors, SBI, others for stock-specific action

Nifty 50 index opened flattish on Wednesday and cascaded down to 17884 levels. It slipped throughout the day with slight recovery in the last hour and finally, closed with losses of around 170 points. It formed a Bearish candle on the daily scale and negated its higher highs formation of the last eight sessions.

Pre-open

Sensex was trading flat with positive bias on Thursday morning while Nifty 50 was down in the red.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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