Nifty last close: 23907.25 (+2.39%)
The bulls came back strongly in the week ended November 22
Indian benchmarks snapped two-week losing streak to end with nearly 2 percent gain
Ignoring fears of Gautam Adani’s bribery case, fresh geopolitical tension and continues FII selling
Weekly basis, Sensex rose 1,536.8 points or 1.98 percent to end at 1,536.8
Nifty50 index added 374.6 points or 1.7 percent to close at 23,907.30
On the sectoral front, BSE Realty index rose more than 6 percent
BSE Auto, Metal, Capital Goods indices up 2 percent each
However, BSE Oil & Gas index fell nearly 2 percent
Indian rupee hit fresh record low of 84.50 but ended 5 paise lower at 84.45 per dollar
FIIs continued their selling in week ended November 22 as they offloaded equities worth Rs 11,414.18 crore
DII bought equities worth Rs 11,036.76 crore
In the month of November till now, the FIIs sold equities worth Rs 40,947.35 crore
DIIs bought equities worth Rs 37,559.08 crore
MSCI November Rejig: Indian equities to see $2.5 billion in inflows, spotlight on HDFC Bank
Zomato shares in focus on Sensex inclusion, Rs 8,500 crore QIP approval
Citi upgrades Reliance Industries to a ‘buy’ as risk-reward turns favourable
US markets ends at higher on 22 Nov
Dow gained 0.95%, Nasdaq rallied 0.16% and S&P500 added 0.35%
Asian markets were set to higher opening
Nikkei gained 1.55% & Hangseng down 0.3%
GiftNifty indicates a gap up opening for the index
Nifty weekly trend decider 24200 and 23500
Today Nifty is facing a intraday resistance 24000 and 24080
If stays above 24080 finding a next resistance 24200 and 24320
Today Nifty considering a supports 23830 and 23750
Below 23750 finding a next support around 23630 and 23500
Updated: 09.02 am / 25th Nov 2024