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Stock Market Highlights : Nifty closes above 23,100; hammer pattern signals bullish momentum ahead. How to trade on Thursday


Published on 2025-01-22 20:01:04 - Indiatimes
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  • Indian equity markets ended positively, with the Nifty closing above 23,100 despite intraday volatility. The index rebounded strongly, forming a hammer candlestick pattern, indicating strong buying at lower levels and potential bullish momentum.

The article from The Economic Times, dated January 22, 2025, provides a live market update for the Indian stock market, focusing on the performance of the BSE Sensex and Nifty indices. It details the market's reaction to various economic indicators, corporate earnings, and global market trends. Key points include a slight uptick in the Sensex and Nifty, driven by positive cues from Asian markets and robust earnings from major IT firms. The article also mentions sector-specific movements, with sectors like banking, IT, and pharmaceuticals showing gains, while metals and energy sectors experienced some volatility. Additionally, there are updates on specific stocks like Reliance Industries, TCS, and Infosys, which influenced market sentiment. The piece also covers market analysts' views on potential future movements, regulatory news, and significant economic data releases expected in the coming days.

Read the Full Indiatimes Article at:
[ https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-live-nifty-stock-market-updates-22-january-2025/liveblog/msid-117441279,curpg-2.cms ]