Nifty last close: 24472.10 (-1.25%)
Extended selling in the broader markets, poor global cues and weak sectoral performance
The Indian benchmark indices on October 22, dragging the Nifty below 24,500
Sensex was down 930.55 points or 1.15 percent at 80,220.72
Nifty was down 309.00 points or 1.25 percent at 24,472.10
All the sectoral indices ended in the red
Auto, capital goods, metal, power, realty, telecom, media and PSU bank down 2-3 percent
Midcap index shed 2.5 percent and Smallcap index declined 3.8 percent
Midcap Selling Intensifies With Midcap Index Falling 5% In 2 Sessions
FIIs sold equities worth Rs 3,978 crore on October 22
while domestic institutional investors purchased equities worth Rs 5869 crore
US stocks ended little changed on Tuesday
Dow Jones Industrial Average fell 6.71 points, or 0.02%
Nasdaq Composite gained 33.12 points, or 0.18%
S&P 500 lost 2.78 points, or 0.05%
McDonald falls 6% after weak earnings report
General Motors rises 10% on better earnings report
The US dollar rose to a fresh 2-1/2-month high at 104.20
The US 10-year Treasury yield rose 19 bps at 4.21 percent
Crude above $75/bbl
Asian markets were set to flat opening
GiftNifty indicates a flat opening for the index
Nifty is facing a intraday resistance 24550 and 24610
Above 24610 finding a next resistance around 24700
On flip side, Nifty considering a supports 24440 and 24390
Below 24390 finding a next support 24300
Updated: 08.5 am / 23rd Oct 2024
