Nifty last close : 22403.85 (+0.92%)
Sensex and Nifty 50 ended nearly 1 percent higher on May 16 after a choppy session
Nifty showed a sharp surge in the last half an hour of the weekly expiry session
At close, the Sensex was up 677 points or 0.9 percent at 73,663
Nifty 50 was up 203 points or 0.9 percent at 22,403
BSE Midcap and BSE Smallcap index gaining more than 1 percent each
Volatility index India VIX fell over 2 percent and closed around 20
Mahindra’s XUV 3XO receives 50,000+ bookings within the 1st hour of launch
Norway’s Norges Bank decides to exclude AdaniPorts from the Government Pension Fund due to unacceptable risk
M&M board approves ?12,000 cr investment for its EV Subsidiary (MEAL) over 3 years
US markets ended marginally lower on May 16
Dow slipped 0.10%, Nasdaq down 0.26% and S&P500 declined 0.2%
US VIX ended 12.42
Dow index touched 40000 in first time
US 10-year yield rises to 4.36%
Gold sustains around $2377/oz
Dollar index sustains around 104-104.50
Asian markets were set to mixed opening
Nikkei down 0.4% and Hangseng up 1%
GiftNifty indicates a flat opening for the index
Nifty is facing a intraday resistance 22470 and 22500
If stays above 22500 will try to move 22600
On other hand, Nifty considering a supports 22360 and 22330
Below 22330 finding a next support around 22240
Updated: 08.50 am / 17th May 2024
