The National Stock Exchange (NSE) Nifty index which opened negative yesterday at the level of 11,464.95, slipped below crucial moving average such as 5-day exponential moving average (EMA), 20-EMA, as well as 13-EMA in a single day and made bearish belt hold kind of pattern on daily candlestick charts.
During its trading session, it touched an intraday low of 11,366.90 and closed at 137.45 pts down at 11,377.75.
Updates: The US market fall after Trump announces new round of tariffs. The all major indices Dow Jones, S&P 500, and NASDAQ Composite drop down fell 92.55 points, 16.18 points, and 114.25 points respectively.
Taking cues from the global market and previous trading session, it is expected to see a flat opening in today’s session.