Nifty last close: 22932.45 (-0.11%)
The record run continued on Dalal Street with benchmark indices hitting fresh all-time high
But, Last one hour Nifty was erased the intraday gains
Nifty was down 24.65 points or 0.11 percent at 22,932.45
Sensex was down 19.89 points or 0.03 percent at 75,390.50
Top gainers on the Nifty included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree and Adani Ports
while losers were Adani Enterprises, Wipro, Grasim Industries, ONGC and SBI Life Insurance
On the sectoral front, bank, realty and Information Technology indices gained 0.5 percent each
while oil & gas, power and media were down 0.5-1 percent
midcap index was up 0.6 percent while the smallcap index ended flat
India VIX rallied 7% to 23
Foreign institutional investors turned net sellers on May 27 as they sold Indian equities worth Rs 541.22 crore
On the other hand, domestic institutional investors bought Rs 922.6 crore worth of equities on the same day
Adaniet board to meet on Tuesday to discuss fund raise
US market were shut on May 27
The US 10-year Treasury yields were trading flat at 4.46
Crude off 3-month low around $82/bbl
Gold at 2-weeks low at $2350/oz
Asian markets were set to lower opening in early morning
GiftNifty indicates a flat opening for the index
Nifty is facing a intraday resistance 22980 and 23030
If stays above 23030 will try to move 23100
On other hand, Nifty considering a supports 22900 and 22860
Below 22860 finding a next support around 22800
Updated: 09.09 am / 28th May 2024