Indian stock indices decline, analysts suggest four stocks
Indian stock indices closed lower on Tuesday, with Nifty down 92 points at 22,460 and Sensex down 294 points at 74,038. The auto and energy sectors contributed to the decline, breaking Nifty's three-session winning streak. Analysts identified 22,400 as key support for Nifty, while resistance is at 22,750. The market showed volatility, with selling pressure noted in several stocks, including Dixon Technologies and JK Cement, which both indicated bearish trends. Four stock recommendations were made for Tuesday, including JK Cement and Dixon Technologies, both showing signs of further price declines. Other stocks highlighted included those with bullish and bearish patterns, suggesting mixed market sentiment.