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Share Market LIVE: Sensex opens in green, nearly 49,000, Nifty crosses 14,700; IndusInd Bank, the best SBI winners

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After finishing flat in the previous session, BSE Sensex and Nifty 50 are looking to open in negative territory on Tuesday. In the previous session, the S&P BSE Sensex finished 63 points lower at 48,718 while the Nifty 50 index closed at 14634. The trends on SGX Nifty pointed to the beginning of a narrowing of the spread for the indices of the indoor market. Technical analysts believe that if the Nifty 50 breaks the 14,700 level and stays above, it could move closer to the target of 15,100. “If we break the 14400, we could retreat further to 14,100,” said Manish Hathiramani, proprietary index trader and technical analyst at Deen Dayal Investments.

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