Nifty last close: 22272.50 (-1.1%)
The Indian equity indices extended losses for the second consecutive session on April 15
Nifty was opened 22350 then fell to 22360 again shot up to 22400 then erased the intraday rally
Finally, Nifty was down 246.90 points, or 1.10 percent, at 22,272.50
Sensex was down 845.12 points, or 1.14 percent, at 73,399.78
Biggest losers on the Nifty included Shriram Finance, Wipro, Bajaj Finance, ICICI Bank
while gainers were ONGC, Hindalco Industries, Maruti Suzuki, Nestle
Among sectors, except oil & gas and metal, all sectoral indices ended in the red
midcap and smallcap indices were down 1.5 percent each
VIX shot up 8% to 12.50
IMD SAYS INDIA’S MONSOON RAINFALL SEEN ABOVE NORMAL IN 2024
CRISIL EXPECTS RBI TO INITIATE REPO RATE CUTS FROM MID-2024
WPI INFLATION YOY ACTUAL: 0.53% VS 0.20% PREVIOUS FORECAST 0.7%
Foreign institutional investors (FIIs) net sold shares worth Rs 3,268 crore
while domestic institutional investors (DIIs) purchased Rs 4,762.93 crore worth of stocks on April 15
Life Insurance Corporation hikes stake in Hindustan Unilever
The stake was increased from 4.99 percent to 5.01 percent, according to the filing
US markets ended sharply lower on April 15
Dow down 0.65%, Nasdaq declined 1.78%, S&P500 fell 1.2%
S&P500 fell more than 100 points from day’s high
Dow down 2000 points from recent high
US VIX up 11% to 19.23
Goldman Sachs beats estimates and stock up 2.9%
Tesla falls 2.8% post reports of layoff in global workforce
Gold near record high $2385/oz
The U.S. dollar index touched 106.27, the highest since Nov. 2
Brent futures for June delivery rose 46 cents, or 0.5%, to $90.56 a barrel
China Q1 GDP above estimates at 5.3% YoY vs Estimate of 4.8%
Asian markets were set to sharply lower opening
Nikkei down 2% and Hangseng down 1.5%
GiftNifty indicates a gap down opening for the index
Nifty is facing a intraday resistance 22300 and 22350
If stays above 22350 will try to check 22400
On flip side, Nifty considering a supports 22240 and 22200
Below 22200 finding a next support around 22140 and 22050
Updated: 08.54 am / 16th April 2024