Ahead of Market: 12 things that will decide stock action on Monday
NEW DELHI: Domestic equity indices on Friday extended previous days’ gains as ‘big boy’ RIL managed to single-handedly push the market higher to record levels. The June F&O series started on a high note, but Nifty remained in a tight range of 75 points, ending at 15,436.
Even though the 50-scrip Nifty rose for the sixth straight session and closed at a lifetime high, it formed an indecisive Doji on the daily chart, signalling weakness and some profit booking ahead. Analysts said the index will need…
