Market Close Highlights, Oct 24: Sensex ends flat, Nifty below 24,400; Banks lead, FMCG drags

Stock Market Highlights: 26 out of 50 constituent stocks of Nifty50 ended in the green, led by Ultratech Cement, Shriram Finance, Grasim, Titan, and Mahindra & Mahindra

8:20 AM

Stock Market LIVE Updates: Nifty Pvt Bank, Auto indices: Check resistance, support & other key levels

Stock Market LIVE Updates: The Nifty Private Banks Index is currently experiencing a downward trend, supported by short-term moving averages, all of which are sloping downwards.

The ongoing correction has brought the index near a critical support level at 25,350. If the index closes below this level, it could trigger fresh selling pressure, leading to the next support levels at 25,165, 25,050, and 24,650.

Traders should monitor the 25,350 level closely, as any decisive close below this mark would signal further weakness in the index. READ MORE

 

8:19 AM

Stock Market LIVE Updates: Ajit Mishra of Religare Broking suggests buying this stock on October 24

Stock Market LIVE Updates: Markets remained volatile and ended slightly lower, taking a breather after Tuesday’s decline. Following a flat opening, Nifty saw some recovery in the first half but was unable to sustain the gains, eventually closing near the day’s low at 24,435.50. Most sectors, except IT, traded with a negative bias, with pharma, auto, and energy leading the losses. However, some relief in the broader indices helped ease the pressure after the sharp drop. READ MORE

 

 

8:19 AM

Stock Market LIVE Updates: Market Today: ITC Q2, FII selling, Waaree, Deepak Builders IPO allotment

Stock Market LIVE Updates: Investors will closely monitor quarterly earnings reports alongside manufacturing, composite, and services Flash PMI data for October.

India cannot risk another bout of inflation and the monetary policy committee (MPC) must adopt a cautious approach to lowering interest rates, members of the rate-setting panel said in the minutes of the October meeting. READ MORE

 

8:17 AM

Stock Market LIVE Updates: Oil prices climb

Stock Market LIVE Updates: Oil prices edged higher on Thursday, recouping some of the more than 1 per cent losses from the previous session after US crude inventories rose much more than estimated.

Brent crude futures rose 89 cents, or 1.19 per cent to $75.85 at 8:15 AM, while US West Texas Intermediate crude futures climbed 95 cents, or 1.34 per cent, to $71.72 as an exchange of heavy fire between Israel and Hezbollah continued to worry markets about supply.

 

7:51 AM

Stock Market LIVE Updates: Asia markets mixed

Stock Market LIVE Updates: Markets in the Asia-Pacific region were mostly lower on Thursday morning after the overnight decline in US stocks on Wall Street.

South Korea’s Kospi was down 0.12 per cent, while the small-cap Kosdaq declined 0.69 per cent.

Japan’s Nikkei 225 was up 0.22 per cent, while Australia’s S&P/ASX 200 was up 0.18 per cent.

In mainland China, the Shanghai Composite was down 0.83 per cent, and the CSI300 was down 1.44 per cent, while Hong Kong's Hang Seng index was down 1.26 per cent.

 

7:46 AM

Stock Market LIVE Updates: Wall Street declines

Stock Market LIVE Updates: On Wall Street, all the three main indices finished lower on Wednesday. 

The Dow Jones Industrial Average fell 0.96 per cent to 42,514.95, the S&P 500 fell 0.92 per cent to 5,797.42 and the Nasdaq Composite fell 1.60 per cent to 18,276.65.

 

7:43 AM

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