Where is share market headed after Nifty closes below 18290, Bank Nifty under 43680; check support, resistance
时间:2024-06-26 16:19:58 阅读(143)
Benchmark indices ended NSE Nifty 50 and BSE Sensex ended Wednesday’s session in the red. The NSE Nifty 50 tumbled 62.60 points or 0.34% to 18,285.40 and BSE Sensex slipped 208.01 points or 0.34% to 61,773.78. In sectoral indices, Bank Nifty tanked 276.60 points or 0.63% to 43,677.85 while Nifty Pharma jumped 126.25 points or 1.03% to 12,440.45. The top gainers on Nifty 50 were Sun Pharma, Dr Reddy, ITC, IndusInd Bank and Titan while the losers were Adani Enterprises, Adani Ports, Tata Motors, HDFC Bank and ICICI Bank.
“The domestic market experienced a short-lived rally that was overshadowed by subdued global market sentiment. US Treasury yields rose due to concerns over stalled US debt ceiling talks and hawkish comments from US Fed officials, which reduced the chances of a rate pause. European markets also declined, triggered by higher-than-expected UK inflation figures that bet on more rate hikes by the BoE,” said Vinod Nair, Head of Research at Geojit Financial Services.
Bank Nifty may fall to 42600-42200 levels“Bank Nifty which has been underperforming Nifty for some time but managing to hold near 44000 was seen giving up its efforts to stay positive and witnessed incremental pressure towards the end of the trading session. The index has formed an inverted hammer pattern on daily charts and a close below 43500 can result in a fall towards 42600-42200 levels,” said Gaurav Bissa.
上一篇:Adani Enterprises shares shoot up 4% as board mulls fundraising via stake sale
下一篇:Yoga for Humanity- PM Modi at forefront of International Day of Yoga celebrations - See photos
猜你喜欢
- Rupee rises 4 paise against US dollar in early trade
- Rupee to appreciate this week till 77
- Rupee opens flat, may depreciate on strong dollar, risk aversion in markets; USDINR to trade in this range
- Rupee rises 34 paise to close at 82
- Drought-resistant & genome edited rice variety likely to be released to farmers by 2026- Agriculture minister Narendra Singh Tomar
- Adani Enterprises, Godfrey Phillips among 144 BSE stocks to hit 52-week highs, 32 fall to 52-week lows
- ABB Limited Rating- Buy - Execution weak Data centre, electronics, warehouse & logistics are high growth areas
- Donald Trump excluded from Maine primary- Secretary of State’s decision sparks another legal battle
- Samsung Galaxy A25 5G, A15 5G buyer’s guide- Top specs, features, India prices and more