Nifty last close: 23616.05 (-1.62%)
Indian equity markets witnessed bloodbath on start of the week as the benchmark indices shed 1.5 percent on January 6
Amid fears about Human Metapneumovirus (HMPV) weighed on investor sentiment
market capitalisation erosion exceeding Rs 9.5 lakh crore — the steepest single-day fall in three months
Sensex was down 1,258.12 points or 1.59 percent at 77,964.99
Nifty was down 388.70 points or 1.62 percent at 23,616.05
PSU Bank index down nearly 4 percent after their quarterly business performance
All the sectoral indices ended in the red
metal, realty, energy, PSU, power and oil & gas down 3 percent each.
Broader indices underperformed with BSE Midcap index fell 2.4 percent and Smallcap index down 3 percent
The Foreign institutional investors (FIIs) sold equities worth Rs 2,575 crore on January 6
while domestic institutional bought equities worth Rs 5,749 crore on the same day
Jefferies downgrades Zomato to ‘hold’, cuts price target by 18% as quick commerce battle heats up
The S&P 500 and the Nasdaq Composite rose on Monday to more than one-week highs
Dow Jones Industrial Average fell 25.57 points, or 0.06%
S&P 500 gained 32.91 points, or 0.55%
Nasdaq Composite gained 243.30 points, or 1.24%, to 19,864.98
The US 10-Year Treasury was down 13 bps at 4.62 percent
Dollar index sustains around 108.30
Asian shares rose after Wall Street rallied for a second day
Nikkei up 2.5% and Hangseng down 1.75%
GiftNifty indicates a positive start for the index
Nifty is facing a intraday resistance 23660 and 23720
If stays above 23720 will try to move 23800 and 23880
On other side, Nifty considering a supports 23560 and 23500
Below 23500 finding a next support around 23420 and 23330
Updated: 09.03 am / 07th Jan 2025
