The Nifty ended trade just a tad below 20,200 at 20,192 after hitting a fresh intra-day high of 20,222. The Sensex too climbed to a fresh 52-week high of 67,927 before closing at 67,838, up 300 points. The broader markets too ended in the positive zone and the market breadth was evenly poised. Mid and […]
Day: October 25, 2023
Nifty positively biased for short term towards 18800 shows June futures data; Auto, Cement, IT looks positiveNifty positively biased for short term towards 18800 shows June futures data; Auto, Cement, IT looks positive
By Manojh Vayalar This June series Nifty futures started with a premium of 70-80 points for the current month. For the Nifty futures, FII maintained around 40% short positions, lesser than last month’s series, which is now currently up to around 48% short. The index witnessed a long buildup rally since the start of this […]
Monday Selloff: Israel and Hamas conflict lead to correction after markets open gap down; Nifty around 19500, Sensex near 65,500Monday Selloff: Israel and Hamas conflict lead to correction after markets open gap down; Nifty around 19500, Sensex near 65,500
The impact of the conflict in West Asia could well be felt in markets across the world. Dalal Street was no exception. In India, Nifty opened gap down and remained in negative territory throughout the session. It finally ended down 0.7%, around 19500 and the Sensex shut shop at 65,512, down nearly 500 points. The […]
Oil prices rise on concerns over tightening supplyOil prices rise on concerns over tightening supply
Oil prices rose in early trade on Wednesday, hovering near 10-month highs hit the previous day, as a bigger-than-expected draw in U.S. oil stockpiles and weak U.S. shale output reinforced fears of tight crude supply for the rest of 2023. Global benchmark Brent crude futures climbed 6 cents, or 0.1%, to $94.40 a barrel by […]