Nifty last close: 24297.50 (+1.27%)
The Indian benchmark indices snapped three-day losing streak on August 7
Ended higher with Nifty closing near the key 24,300 level
Sensex was up 874.94 points or 1.11 percent at 79,468.01
Nifty was up 305 points or 1.27 percent at 24,297.50
Biggest Nifty gainers included Coal India, Adani Ports, Power Grid Corp, Cipla and Wipro
while losers were IndusInd Bank, Eicher Motors, Britannia, Tech Mahindra and Titan Company
All the sectoral indices ended in the green
Metal, healthcare, media, power, telecom, oil & gas, capital goods up 2-3 percent
Midcap index and Smallcap indices closed 2 percent higher each
RBI will release their monetary policy at 10 am
TataMotors launches #CurvvEV SUV starting at ?17.49 lakh
Bajaj Auto to launch two new #TriumphBikes in 400cc segment
US markets ended lower on Aug 7
Dow lost 0.6%, Nasdaq declined 1% and S&P500 fell 0.75%
Dow erased all the intraday gains
US VIX sustained around 28
Microsoft and Alphabet down each 1%
Focus on Thursday will be on weekly jobless claims
US 10-year yield holds 3.9%
Crude nearly $80/bbl
Asian markets were set to marginal higher on Aug 8
Nikkei up 0.17% and Hangseng up 0.6%
GiftNifty indicates a negative start for the index
Nifty is facing a intraday resistance 24330 and 24380
If stays above 24380 will try to check 24450-24500
On flip side, Nifty considering a supports 24270 and 24230
Below 24230 finding a next support around 24150 and 24080
Updated: 09.03 am / 08th Aug 2024
