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Tuesday, 5 April 2016
Current Indian Stock Market News
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The Nifty50 swung between gains and losses amid volatile trade on Monday ahead of the Reserve Bank of India's (RBI) money policy review on Tuesday, with the technical charts showing a fair bit of bearishness.Nifty50 formed a 'Hanging Man' kind of candlestick pattern on the daily charts on Monday, after closing flat for the week ended April 1.
State-run oil retailers rally amid reports of hike in petrol, diesel prices.Bharat Petroleum Corp gains 1.9 pct, Hindustan Petroleum Corp rises 2.2 pct and Indian Oil Corp climbs 1.3 pct.
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