Nifty last close: 18321.15 (+0.2%)
Indian benchmark indices recovered some of the previous session losses
To end on a positive note in a highly volatile session on May 25
Nifty was opened 18270 then travelled around 18200 to 18330
In the last one hour, Nifty was rallied around 100 points
Sensex was up 98.84 points or 0.16% at 61,872.62
Nifty was up 35.80 points or 0.20% at 18,321.20
May series, Nifty was rallied around 2% and Auto index added 7.5%
Except metal and PSU Bank, all sectoral indices ended in the green
Midcap index rose 0.36 percent and the smallcap index added 0.27%
US Futures marginally lower following a mixed close for the cash market
US market’s Dow down 0.11%, Nasdaq added 1.7% and S&P500 gained 0.88%
Nvidia shares jump over 25% and ended all time high
US 10-year yield climbs to 3.81%
Brent crude below $76/bbl
Gold prices fall below $1950/oz
Asian markets were set to higher opening
Nikkei up 1% and Hangseng shut today
Nifty is facing a intraday resistance 18345, 18360 and 18400
If stays above 18400 will try to check 18470
On other side, Nifty can be considered as supports as 18290, 18275 and 18240
Below 18240 finding a next support around 18170
Updated: 08.47 am / 26th May 2023