Positive Opening For Benchmark Indices Sensex & Nifty Today, Indicates SGX Nifty | Power Breakfast

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The market caught in a bear trap on January 10 after a day of strong rally, with the benchmark indices declining 1 percent impacted by selling pressure across sectors barring auto.

The BSE Sensex plunged 632 points to 60,115, while the Nifty50 shed 187 points to 17,914 and formed a long bearish candle which seems to resemble a Bearish Engulfing kind of pattern on the daily charts, indicating control of bears over Dalal Street.

Meanwhile, SGX Nifty was trading in green, indicating a positive start for the indices.

#stockmarketupdates #sensex #cnbctv18 #nifty #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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