DSIJ Mindshare

Amidst all this, there is one stock that has witnessed a breakout of cup & handle-like pattern. And what’s important is the fact that this stock belongs to the prestigious Tata Group! Moreover, the company has a good dividend track record and consistently declared dividends for the last five years.   

Indices recovered from their lows and Nifty closed above the 17,300 level. The benchmark index slipped 1.40 per cent on Monday while Sensex tanked 861 points.

Indices witnessed a sharp recovery towards the end as Nifty surged 100 points in the last hour. It closed near the 15,600 level, higher by 0.50 per cent.

Indices roared on Wednesday as Nifty closed above the 17,900 level. It soared 0.67 per cent while Sensex jumped 417 points.

Despite weak global indications, the Indian markets are trading in the green, driven by widespread purchasing. High selling pressure was observed in the metals sector. Today, the index declined by more than 2 per cent. However, the market was driven higher by the auto, FMCG, and bankex sectors. In today's trading session, the shares of CE Info Systems (MapmyIndia) increased by 5 per cent.