Nifty last close: 24823.15 (+0.05%)
On Friday, Nifty was seen strong range and ended almost flat note
At close, the Sensex was up 33.02 points or 0.04 percent at 81,086.21
Nifty was up 11.65 points or 0.05 percent at 24,823.15
But weekly basis, Nifty was up 1.15% and Sensex was up 0.81%
Sector wise, Banknifty, IT, Auto, Pharma, Metal and FMCG was up 0.5% to 2%
Smallcap and Midcap index was gained 1.5% to 2.5% on weekly basis
FIIs extended their buying as they bought equities worth Rs 1,944 crore on August 23
while domestic institutional investors also bought equities worth Rs 2896 crore on the same day
US markets ended higher on Aug 23
Powell says “Time has come” for policy to adjust
Dow gained 1.15%, Nasdaq rallied 1.47% and S&P500 added 1.15%
US markets nearby all time highs
US VIX down 9.5% to 15.86
Tesla and Nvidia up nearly 4%
US 10-year yield slides below 3.8%
Crude gains and nearly $80/bbl
Gold prices rise near $2515/oz
Asian markets mixed trend on Aug 26
Nikkei down 1% and Hangseng up 1%
GiftNifty indicates a positive note for the index
This week Nifty trend decider is 24860 and 24500
Nifty is facing a intraday resistance 24850 and 24880
If stays above 24880 will try to move 24920
On other side, Nifty considering a supports around 24800 and 24775
Below 24775 finding a next support around 24740
Updated: 08.40 am / 26th Aug 2024
