News for Blue Coast Hotels Limited (BLUECOAST.BO)

Indian markets fell for the fifth straight session, with IT, energy, and metal stocks facing heavy selling. Analysts predict further correction, with Niftys support at 22,450 and resistance around 22,700, indicating short-term bearish sentiment.

Indian headline indices broke a four-session losing streak due to gains in banks and auto stocks, despite pressure on IT stocks. The December CPI inflation eased to a four-month low, contributing to the positive market sentiment. Analysts highlighted the formation of a bullish Harami Cross pattern on the Nifty chart.