Indian benchmark equity indices Nifty and Sensex ended flat in a highly volatile session on Friday, while global markets advanced after Federal Reserve Chair Jerome Powell stated that “the time has come” to reduce interest rates. Speaking at the economic symposium at Jackson Hole, U.S., Powell explicitly endorsed an imminent policy easing, noting that further …
InCred Equities Nifty 50 Overview: •u0009Resistance Levels: 24,622, 24,650, 24,694 (based on pivot points) •u0009Support Levels: 24,534, 24,507, 24,462 (based on pivot points) •u0009Market Sentiment: As long as Nifty 50 sustains above 24,500-24,550, it is likely to move towards 24,700-24,800. A fall below the 24,400-24,300 range could trigger further downside. •u0009Candlestick Pattern: Despite forming a …
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INDIA 1)India’s retail inflation in July dropped to 3.54%, marking a near five-year low as food prices eased, government data showed. The actual figure fell below the Reserve Bank of India’s 4% target, primarily due to a high-base effect from last year. 2)Food prices, which constitute nearly half of the retail inflation basket, saw a …
4 min read Last Updated : Aug 05 2024 | 7:21 AM IST Stocks to Watch on Monday, August 5: Benchmarks Sensex and Nifty50 may see a gap-down start, influenced by weak global cues. At 6:41 AM, GIFT Nifty futures were down 369 points, trading at 24,342.50, suggesting a gap-down start. Asia-Pacific …
This week, the domestic market reached the psychological milestone of 25,000, with a peak at 25,078.30 before closing at 24,717. The market experienced a brief surge, in the last 7days, before consolidating due to subdued quarterly results & clampdown in Asian market like Japan. Initially, the week started positively as the budget-related volatility eased, but …
Indian benchmark equity indices closed marginally lower on Monday, dragged down by Reliance Industries and Wipro after the companies posted weaker-than-expected quarterly results, with volatility rising a day ahead of the budget.The NSE Nifty 50 fell 0.09% to 24,509, while the S&P BSE Sensex shed 0.13% to 80,502. Here’s how analysts the market pulse:“Nifty is …
Indian benchmark equity indices declined on Wednesday, weighed by banks on worries of moderation in their earnings and by Mahindra and Mahindra after it slashed prices of some cars.The benchmark NSE Nifty 50 fell 0.45% to 24,324 points, while the S&P BSE Sensex settled 0.53% lower at 79,924. Both the indices opened at record highs …
Market investors are now eagerly waiting for the Finance Minister Nirmala Sitharaman to table the full budget for FY25. According to media reports, the government will present the budget in the third week of July, however, no official announcement has been made yet. Experts believe that the Indian stock market has maintained a positive tone …
Indian stock market: The Sensex and the Nifty 50 concluded with losses on Friday, June 28, ending their four-day winning streak. The benchmarks reached new all-time highs during the session but retreated as profit-taking set in amid mixed global cues. The Nifty 50 touched a peak of 24,174 during the session but closed lower at …