Nifty last close: 24484.05 (+1.12%)
Indian equity market cheered Donald Trump’s victory in the US presidential election
Extended the winning streak for the second straight session on November 6
Sensex was up 901.50 points or 1.13 percent at 80,378.13
Nifty was up 270.75 points or 1.12 percent at 24,484
All the sectoral indices ended in the green
IT index rose 4 percent, oil & gas, power, capital goods, realty up 2 percent each
Midcap index up more than 2 percent and Smallcap index up nearly 2 percent
FIIs sold equities worth Rs 4,445 crore on November 6
while domestic institutional investors bought equities worth Rs 4,889.33 crore
MSCI November Rejig
5 stocks added to Standard Index, none removed
13 stocks added to Small cap Index, while 7 removed
Stocks added to Standard index – Alkem Laboratories, BSE, Kalyan Jewellers, Oberoi Realty, and Voltas
Stocks added to Smallcap index – Aadhar Housing, Anup Engineering, Balu Forge,
Bondada Engineering, DCM Shriram, Entero Healthcare, Eureka Forbes,
Ganesha Ecosphere, Indegene, JSW Holdings, PC Jeweller, Refex Industries, Signatureglobal
US stocks rallied sharply to close at record highs on Wednesday
After Republican Donald Trump won the 2024 U.S. presidential election
The Dow Industrials, S&P 500 and Nasdaq Composite each ended at record levels with investors expecting lower taxes
The Dow Jones Industrial Average rose 1,508.05 points, or 3.57%
S&P 500 gained 146.28 points, or 2.53%
Nasdaq Composite gained 544.29 points, or 2.95%
Both the Dow and S&P 500 registered their biggest one-day percentage gains since November 2022
US 10-Year Treasury shed 18 bps at 4.42 percent
Dollar index spiked to 105.25
Asian stocks trade mixed as investors weighed the market ramifications of a second Trump presidency
Nikkei down 0.4% and Hangseng up 0.9%
GiftNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 24520 and 24560
If stays above 24560 finding a next resistance 24650
On flip side, Nifty considering a supports 24440 and 24400
Below 24400 will try to check 24330
Updated: 08.46 am / 07th Nov 2024
