Will Indian stock markets be under pressure when they open on Monday?
A decisive fall break 17,400 levels for Nifty can lead to a retest of 16,900 zone, says analyst. On Wednesday, Sensex had closed lower at 58,338
Indian stock markets are likely to be under pressure when they open on Monday. Both BSE and NSE were closed for trading on Thursday and Friday due to public holidays. Most Asian markets were in the red today after a negative lead from Wall Street. Apart from worries about surging inflation, the continuing Ukraine-Russia war has added to the uncertainty about the global economic recovery from the Covid-19 pandemic. European and US markets are closed today.
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