By Debdeep Gupta | 09 May, 2024
Hot Stocks: Triveni Engineering, Welspun Corp, Motherson Sumi Wiring can return up to 16% in short term
The Nifty 50 remained volatile throughout the day on May 8. However, the short-term trend appeared weak as the index remained below the critical moving average, 21EMA (exponential moving average), on the daily timeframe.In the near term, the sentiment may continue to weaken as long as it stays below 22,400. On the downside, the index might decline towards 22,150.The BankNifty index encountered a v...