Nifty last close: 23753.45 (+0.7%)
After recording steepest weekly declines in over two years last week
India benchmark indices snapped a five-day losing streak and bounced back smartly on December 23
Sensex was up 498.58 points or 0.64 percent at 78,540.17
Nifty was up 165.95 points or 0.70 percent at 23,753.45
Among sectors, bank, FMCG, metal, oil & gas, energy, realty up 0.5-1 percent
while media index shed 0.4 percent
The BSE midcap index was up marginally, while smallcap index was down 0.6 percent
After Tata Tech, Tatas rope in advisors for mega Rs 15,000-crore plus IPO of Tata Capital in 2025
China’s foundational chips under Biden’s scanner for unfair practices
Foreign institutional investors (FIIs) sold equities worth Rs 3,597 crore on December 20
while domestic institutional investors bought equities worth Rs 1,374.37 crore on the same day
US stocks rallied to close out the trading week on Friday
The Dow Jones Industrial Average rose 498.82 points, or 1.18%
S&P 500 gained 63.82 points, or 1.09%
Nasdaq Composite gained 199.83 points, or 1.03%
Dollar index sustains around 108
The US 10-Year Treasury added 13 basis points to 4.52 percent
Asian markets set to mixed opening
Nikkei down 0.25% and Hangseng up 1.25%
GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 23800 and 23840
If stays above 23840 will try to move 23920-24000
On other side, Nifty considering a supports 23710 and 23660
Below 23660 finding a next support around 23600 and 23520
Updated: 08.58 am / 24th Dec 2024
