Nifty last close: 24998.45 (+0.07%)
Indian benchmark indices again failed to hold the higher (intraday) levels
Ended with marginal gains in the rangebound session on October 10
At close, the Sensex was up 144.31 points or 0.18 percent at 81,611.41
Nifty was up 16.50 points or 0.07 percent at 24,998.50
Sensex and Nifty 50 indices erased 391 points and 135 points from their day’s high, respectively
On the sectoral front, IT index down 1%, pharma index down 2% and realty index shed 0.4%
while bank index up 1%, power index was up 0.7% and metals index added 0.3%
Midcap index was down 0.3%, while smallcap index was up 0.4%
FIIs extended their selling on October 10 as they sold equities worth Rs 4,926 crore
DIIs also extended their buying as they bought equities worth Rs 3,878 crore on the same day
Wall Street’s main indexes closed lower on Thursday
Investors looked to higher-than-expected inflation and unemployment claims for indications
US CPI data comes in stronger than expected at 2.4% vs estimate of 2.3%
Today focus on PPI and Consumer sentiment data
Dow Jones Industrial Average fell 57.88 points, or 0.14%
S&P 500 lost 11.99 points, or 0.21%
Nasdaq Composite lost 9.57 points, or 0.05%
The U.S. dollar fell from two-month highs hit overnight at 103
Gold prices trading marginally higher around USD 2634
The US 10-year Treasury yield was flat at 4.06 percent
Brent crude at $79/bbl
Asian markets were set to higher opening
Nikkei up 0.5% and Hangseng up 3%
GiftNifty indicates a flat opening for the index
Nifty is facing a intraday resistance 25030 and 25070
If stays above 25070 will try to move 25130
On other side, Nifty considering a supports 24970 and 24930
Below 24930 finding a next support around 24880
Updated: 09.00 am / 11th Oct 2024