Closing Bell-Indian Indices close flat- Nifty settles above 19,400, Sensex over 64,900; Pharma gains, realty slumps
时间:2024-06-02 05:50:01 阅读(143)
The benchmark equity indices ended Tuesday’s trading session on a flat note. The NSE Nifty 50 slipped 5.05 points or 0.03% to settle at 19,406.70, while the BSE Sensex dropped 16.29 points or 0.03% to 64,942.40. The broader indices ended largely in green with the gains led by Nifty Next 50 and Smallcap stocks.Bank Nifty index added 118.50 points or 0.27% to 43,737.90.
“The Nifty closed in the positive territory for the week, however, it was not able to surpass its immediate resistance of 19333.60 levels as the high made this week was 19276.25. This miss still keeps open the possibility of this been a wave for bounce, however, above 19333.60 it will negate the same and thereafter this bounce will be confirmed as Wave (X) bounce. The Nifty has retraced between 38.2% to 50% of its previous fall from 19849.75 to 18837.85 and it can further retrace until 19400 levels till 18973.70 levels are held,” said, Jay Thakkar, Head, Alternate Research, Capital Market Strategy.
“The market witnessed some resistance at higher levels as caution prevails due to the start of the key state elections, and further negative global cues on account of a more than expected fall in Chinese exports, highlighting a continued slowdown in global trade,” said, Vinod Nair, Head of Research,Geojit Financial Services.
The volatility index (India Vix) ended up 0.78%.
猜你喜欢
- Paytm share price jumps 2% despite Q1 net loss widening to Rs 645 crore; should you buy, hold or sell-
- Toyota Kirloskar Motor implements safety programs to increase awareness among youth
- Tracxn Technologies IPO opens, GMP nil; should you subscribe to Flipkart founders-backed issue-
- The Galaxy S24 series is officially launching on January 17, Samsung confirms
- Petrol and diesel price July 26- Fuel cost unchanged; Check prices in Delhi, Mumbai, other cities here
- Techno Electric & Engineering Company gets smart metering and transmission projects worth Rs 1,750 crore
- One97 Communications stock settles 19 pc lower
- The debate over India’s logistics costs
- Adani Enterprises FPO opens even as Hindenburg allegations shoot down share price; should you subscribe-