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Markets Take A Breather To Welcome The New Year

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US indices Dow Jones Industrial Average and the S&P 500 witnessed their worst December since 1931 this year, as investors reacted to the government shutdown, US-China trade woes, hike in interest rates and US President Donald Trump’s offensive comments on US Federal Reserve Chairman Jerome Powell. 

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Index trend and stocks in action May 21, 2019

Karan DSIJ / Article rating: 3.5

The all-time high level of 11,856 will be closely monitored by the traders as sustaining above this level would further strengthen the bulls and the gates for the level of 12,000 would open up. On the downside, the level of 11,750 would be a crucial support for the Nifty. Stocks in news: PC Jeweller, ICICI Bank, GAIL, Adani Green Energy, Dynamic Cables, Panacea Biotec, Indostar Capital Finance.

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