Nifty last close: 19512.35 (-0.72%)
The Indian equity indices erased all gains from the previous session and also snapped a two-day winning run on October 9
As investors remained concern on escalating geopolitical tensions in the Middle East
Nifty was opened gap down around 19550 and made a low of 19480 then ended 19512
Nifty was down 141.20 points or 0.72 percent at 19,512.30
Sensex was down 483.24 points or 0.73 percent at 65,512.39
Biggest losers on the Nifty included Adani Ports, Hero MotoCorp, BPCL, HDFC Life and M&M
While gainers were HCL Technologies, Dr Reddy’s Laboratories, TCS, Tata Consumer
All the sectoral indices ended in the red
Power, oil & gas, auto PSU Bank, metal, realty and capital goods down 1-3 percent
FIIs net sold 997 crore while DIIs net bought 2661 crore on Oct 9
Midcap index down 1.2 percent and Smallcap index shedding 1.7 percent
India’s unemployment rate for persons aged 15-years and above was recoreded at a six year low of 3.2% during July 2022-June 2023
Fitch upgrades Tatasteel rating to BBB- from BB+
US markets ended higher on Oct 09
Dow gained 0.60%, Nasdaq 0.39% and S&P500 rallied 0.63%
US VIX ended around 17.80
Fed’s Jefferson says Yiled levels may not require another rate hike
US Aerospace & Defence ETF jumps amid West Asia Crisis
US Bond market was closed on Monday on account of Columbus day
Gold prices rise to $1865/oz
Dollar index slipped to below 106
Crude price at $88/bbl
GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 19550 and 19590
If stays above 19590 will try to move 19640
On other side, Nifty considering a supports 19480 and 19450
Below 19450 will try to check 19400
Updated: 08.46 am / 10th Oct 2023
