Nifty last close: 21238.80 (-1.55%)
The Indian equity market extended the previous session losses
Sensex and Nifty50 falling 1.5 percent each amid selling across the sectors
Nifty was opened 21700 then seen sharp selling pressure up to 21200
Nifty was fell more than 500 points from day’s high to low
Finally, Nifty was down 333.00 points or 1.54 percent at 21,238.80
Sensex was down 1,053.10 points or 1.47 percent at 70,370.55
The biggest losers on the Nifty were IndusInd Bank, Coal India, ONGC, Adani Ports
While gainers were Cipla, Sun Pharma, Bharti Airtel, ICICI Bank and Hero MotoCorp
On the sectoral front, except pharma, all other sectoral indices ended in the red
Midcap and Smallcap indices were down nearly 3 percent each
Investors wealth eroded by Rs 8.24 lakh crore in today’s trade
Axis Bank Q3 net profit rises 4%, asset quality stays healthy
Foreign institutional investors (FIIs) continued to be net sellers for five days in a row
FIIs selling shares worth Rs 3,115.39 crore
while domestic institutional investors (DIIs) bought Rs 214.40 crore
US markets ended with mixed trend
Dow lost 0.25%, Nasdaq added 0.43% and S&P500 rallied 0.3%
S&P500 ends all time high for 3rd straight day
Netflix jumps 9% after the strong earnings report
United Airlines rises over 5% after better than earnings report
US 10-year yield rises to 4.13%
The dollar index climbed to a six-week high at 103.53
Spot gold was up 0.2 percent to $2,024.49 per ounce
Brent crude futures were down 58 cents, or 0.72 percent, to $79.48 a barrel
US West Texas Intermediate crude futures (WTI) were down 45 cents to $74.31 a barrel
Asian markets open mixed
Hangseng up 1.5% and Nikkei down 0.7%
GiftNifty indicates a positive note for the index
Nifty is facing a intraday resistance 21290 and 21350
If stays above 21350 finding a next resistance 21410 & 21500
On flip side, Nifty considering a supports 21180 and 21140
Below 21140 will try to check 21080 & 20970
Updated: 08.41 am / 24th Jan 2024
