Nifty last close: 22462 (+0.61%)
The Indian equity market started the financial year 2024-25 with a bang
Hitting fresh highs to extend the winning streak to a third straight session on April 1
Nifty was opened gap up at 22460 and travelled around 30-40 points on entire day
Nifty was up 135.10 points, or 0.61 percent, at 22,462
Sensex was up 363.20 points, or 0.49 percent, at 74,014.55
Tata Steel, JSW Steel, Adani Ports, Shriram Finance and Divi’s Labs were among the top Nifty gainers
while losers were Eicher Motors, Titan Company, Bajaj Auto, LTIMindtree and Nestle
Except auto, all other sectoral indices ended in the green
Metal, power, capital goods, healthcare and realty up 1 to 4 percent
while oil & gas, information technology and bank were up 0.5 percent each
midcap index rose 1.6 percent and the smallcap gained nearly 3 percent
India’s March GST collection second-highest ever at Rs 1.78 lakh crore
FY 2023-24, gross GST collection stood at Rs. 20.14 lakh crore a 11.7 percent increase compared to the previous year
Infosys receives tax demand of Rs 341 crore from I-T dept
Foreign institutional investors (FIIs) net sold shares worth Rs 522.30 crore
while domestic institutional investors (DIIs) purchased Rs 1,208.42 crore worth of stocks on April 1
US manufacturing sector grows for the first time in 18 months
The Institute for Supply Management (ISM) said on Monday that its manufacturing PMI increased to 50.3 last month
The highest and first reading above 50 since September 2022, from 47.8 in February
US markets ended down on April 1
Dow lost 0.6%, Nasdaq ended flat and S&P500 down 0.2%
US VIX up 5% to 13.65
US 10-year yield jumps above 4.3%
Crude rises above $88/bbl ahead of geopolitical tension
Gold slightly off from record high at $2250/oz
Dollar index sustains around 105
Asian markets were set to higher opening on today’s early trade
Nikkei up 0.13% and Hangseng up 2.5%
GiftNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 22500 and 22530
If stays above 22530 will try to move 22575
On flip side, Nifty considering a supports 22440 and 22410
Below 22410 finding a next support around 22370
Updated: 08.47 am / 02nd April 2024
