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July 11, 2024

After experiencing initial intraday volatility and a sharp decline, the markets recovered most of their losses to close slightly lower, driven by selective profit-taking despite positive sentiment in global equities. The Nifty showed considerable volatility throughout the day but ended almost flat. In the short term, the Nifty…

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July 10, 2024

Indian benchmark indices reversed their gains from the previous session and closed lower with the Nifty finishing below 24,350. The Sensex concluded the day down by 426.87 points or 0.53 percent at 79,924.77, while the Nifty dropped 108.70 points or 0.44 percent to 24,324.50 at closing. Immediate support…

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July 9, 2024

  Key benchmark indices ended at record high on July 9 led by buying across the sectors. The Sensex was up 391.26 points or 0.49 percent at 80,351.64, and the Nifty was up 112.70 points or 0.46 percent at 24,433.20. Both domestic and global factors continue to drive…

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July 8, 2024

Indian benchmark indices ended flat in the volatile session on July 8. At close, the Sensex was down 36.22 points or 0.05 percent at 79,960.38, and the Nifty was down 3.30 points or 0.01 percent at 24,320.50. The Nifty remained range-bound during the day, as market participants appeared…

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July 6, 2024

  After showing slight weakness from recent highs over the past few sessions, Nifty experienced a "buy on dips" scenario on Friday and closed significantly higher after a strong intraday recovery. The day started with a downward gap, followed by further declines early on. However, the market saw…

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July 4, 2024

The markets traded within a narrow range and ended nearly unchanged, pausing after Wednesday's gains. After an initial rise, the Nifty fluctuated throughout the day and settled near its intraday lowest point at 24,302.15. Sector-wise, there was a positive trend with pharmaceuticals, IT, and automotive sectors seeing moderate…

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July 4, 2024

The upside momentum with range bound action continued in the market and the Nifty closed the day with another gain of 162.65 points. After opening with an upside gap of 168 points, the market moved up further and registered new all-time high at 24307 in the early part…

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July 2, 2024

The domestic market took a breather, resonating with the mixed global trend, with the ECB showing caution regarding further rate cuts. In sectoral trends, IT stocks gained due to expected increases in discretionary spending, while auto stocks declined following lower-than-expected monthly volumes. The investors are closely monitoring the…

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June 29, 2024

The markets traded within a narrow range throughout the day, closing nearly unchanged after a recent surge. The session saw profit-taking in key heavyweights that offset early gains, resulting in the Nifty settling around 24010.60 levels, down by 0.15%. Despite this, sectors like energy, pharma, and metal ended…

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June 27, 2024

Nifty opened on a flat note and as the day progressed it gained momentum and closed with gains of 175.5 points. On the daily charts Nifty has witnessed a vertical rally in the last four trading sessions. Today the IT Index was one of the major contributors which…