Nifty last close: 24641.80 (+0.13%)
The Nifty50 index snapped three-day losing streak and ended higher in a rangebound session on December 11
The index inched closer to 24,700, intraday, but profit booking erased most of the gains
Nifty to close at 24,641.80, up 31.75 points or 0.13 percent
Nifty Midcap 100 and smallcap 100 indices rose 0.3 percent each
On the sectoral front, buying was seen in the auto, FMCG, IT sectors
while PSU Bank index shed nearly 1 percent
BSE SME IPO index hits record high, soars over 18% in three weeks
Bajaj Housing Finance 3 month lock-in period ends, 12.6 crore shares available to trade
FIIs turned net sellers on December 11, as they offloaded equities worth Rs 1012 crore
while domestic institutional investors bought equities worth Rs 2,007.85 crore on the same day
U.S. inflation report that cemented expectations of a Fed rate cut next week
The Nasdaq Composite Index hit 20,000 for the first time on Wednesday
The tech-heavy index is up more than 33% on the year
Nasdaq gained 1.77%, S&P500 rallied 0.8%
Dow lost 0.22% on Wednesday
Elon Musk’s net worth tops $400 billion, a historic first
US 10-year yield sustained around 4.25
Dollar index slightly added 106.50
Asian markets were set to higher opening
Nikkei up 1.30% and Hangseng up 0.15%
GiftNifty indicates a positive note for the index
Nifty is facing a intraday resistance 24660 and 24700
If stays above 24700 will try to move 24750
On flip side, Nifty considering a supports 24610 and 24580
Below 24580 finding a next support around 24540
Updated: 08.47 am / 12th Dec 2024
