Index Outlook: Indices await a clear direction
A weak bounce-back increases the likelihood of a corrective fall in the coming weeks
The Indian benchmark indices opened the week on a weak note as geoplitical tensions after North Korea’s nuclear test kept the market on tenterhooks. However, the indices remained within a narrow range thereafter and have closed marginally lower for the week. The Nifty 50 and the Sensex closed at 9,934.8 and 31,687.5 respectively, down 0.4 per cent and 0.64 per cent for the week.The bounce-back mov...
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