The weekly options data suggested that 23,500 is expected to be immediate support for the Nifty 50, as below it 23,000 is likely to be a major support, both of which have maximum Put open interest.
If the Nifty 50 decisively breaks 23,700, Monday's low, a fall toward 23,500–23,400 can't be ruled out. However, a convincing move above 24,300 can drive the index toward 24,500–24,700.
Nifty 50, Sensex today: The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty ...
Nifty futures on the NSE International Exchange were 223 points, or 0.94 per cent, up at 23,505.50, hinting at a negative start for the domestic market on Friday.
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Indian equity markets are showing signs of stabilization after recent weakness across major indices. The Nifty 50, Bank Nifty, and broader mid and small-cap segments have witnessed a temporary pause ...
Nifty Bank index began today’s session with a gap-down at 59,948 versus yesterday’s close of 60,187. But it recovered soon after opening and is now hovering around 60,400, up 0.4 per cent. The advance ...
Indian markets are likely to open Monday’s session on a weak note amid intensifying geopolitical tensions in the Middle East. Early cues from GIFT Nifty suggest ...
The Nifty slipped below its immediate support of 25,350 within an hour into trade. The Sensex shed 500 points or 0.6%.
The brief bounce and quick fall back below the 200-day SMA on the Nifty points to potential for large falls. In fact, the Nifty50 is just late to the party, with 85% of NSE 500 stocks having already ...