Daily_Equity_Technical_12.05.2026

Published on 12th May 2026
Technology

Over the weekend, Prime Minister Narendra Modi emphasized the need for self-reliance measures to mitigate the potential fallout arising from the West Asia crisis. This led to a cautious undertone in the markets, with Nifty starting the session on a gap-down note. During the mid-session, prices attempted a recovery; however, selling pressure resurfaced in the final hour, dragging the index towards the day’s low. Nifty eventually ended tad above the 23800 mark with a cut of around 1.49%

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