HCL Technologies, Future Retail, Adani Ports, Crisil, Tech Mahindra, among stocks in focus
SGX Nifty hints at a positive opening for domestic markets, a day after benchmark indices tanked. Global cues were, however, mixed as Wall Street ended Monday with losses. On Tuesday morning, Hang Seng, Topix, and Nikkei 225 were trading with losses. Meanwhile, Shanghai Composite, KOSPI and KOSDAQ were trading with gains. On the charts, Nifty respected the support at 14,200 which could lead to upside in the coming sessions. “Having placed at the crucial lower supports of 14200 and the chart pattern of daily/weekly timeframe, one may expect minor upside bounce in the next few sessions (up to the gap hurdle of 14550) There is an expectation of next round of weakness from the highs,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.
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