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Muhurat trading
01 Nov 2024

Sensex Rises 448 Points, Nifty Rallies Above 24,300 In Muhurat Session

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      Muhurat trading
      01 Nov 2024
      Sensex Rises 448 Points, Nifty Rallies Above 24,300 In Muhurat Session
      The 50-issue Nifty of the NSE spurted 150.10 points, or 0.62 per cent, to 24,355.45 with 47 of its constituents ending in the green. 
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      Thursday's market rally was led by Nifty Bank which settled up 300 points or 0.59 per cent at 50,985. 
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      Marico
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      Sensex
      06 Aug 2024
      Markets Rebound A Day After Massive Crash; Sensex Jumps 1,092.68 Points
      New Delhi: A day after the massive bloodbath at Indian stock markets, there was a recoup in investors sentiments. Sensex jumped 1,092.68 points to 79,852.08 in early trade while the Nifty rallied 327 points to 24,382.60. The market recovery was in line with rally in Asian markets. Japanese stock markets rebounded during the early trading session on Tuesday. Nikkei 225 index, Hong Kong's Hang Seng index, Taiwan's Taiwan Weighted index, South Korea's KOSPI, Indonesia's Jakarta Composite rebounded during the early trading session. Rajesh Bhosale, Equity Technical Analyst, Angel One advised traders to avoid attempting to catch the bottom in the short term, saying they should use any rebounds to reduce long positions. "In this scenario, 24250 is seen as immediate resistance, while overcoming the bearish gap left today between 24350 and 24700 would be a daunting task. On the downside, 23900 followed by 23600 (the 38.2% retracement of gains from the election day low) are immediate support levels. The key support would be around 23400-23300, aligning with the 89 EMA and the 50% retracement of the mentioned upmove. Traders should monitor these levels and adjust their trades accordingly. One of the key highlights of the day was India Vix spiked by 42% to surpass the 20 mark, expect the Volatility to remain on the higher side, so it is advisable to manage risk carefully and stay informed about global developments, as they are likely to influence our markets in the near term," Bhosale commented.
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      Sensex
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      Sensex Crashes 2,222 Points, Investors Lose Over Rs 16 Lakh Crore
      At closing, Sensex fell 2,222 points or 2.74 per cent to 78,759 and Nifty fell 662 points or 2.68 per cent to 24,055.
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      5 Factors Why The Indian Stock Market Saw A Massive Fall Today
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      Stocks Witness Sell-Off Mirroring Global Trend; Sensex Sheds 886 Points
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      FirstCry’s Rs 4,194 Crore IPO Announced: Price Band Set At Rs 440-465/Share
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