Market analysts express concerns about Nifty's downward trend, with support around 23,600 and potential declines towards 23,500. Bank Nifty shows weakness, with critical support at 51,800. Caution is advised amidst geopolitical tensions and inflation worries.

Headline indices Nifty 50 and Sensex fell sharply after a lacklustre opening on Thursday, pressured by the losses in banking and information technology, as escalating geopolitical tensions resulting from the Russia-Ukraine war dented investor sentiment.

Stock market plunges amid global concerns, Sensex and Nifty drop sharply, IT sector hit hard, investors advised caution.

The Nifty 50 ended the session with a sharp decline of 1.49%, closing below the psychological 24,000 mark at 23,914 points. Similarly, the Sensex posted a significant drop of 1.48%, settling below the 80,

Infosys fell 2.86 per cent to Rs 1,869.16. Tech Mahindra, HCL Tech and TCS fell 2.68 per cent, 1.91 per cent and 1.42 per cent, respectively. M&M fell 2.52 per cent to Rs 2,934.7. The auto major recently unveiled of two electric SUV models.

Stock markets experienced a downturn during Thursday’s midday trading on November 28, 2024, with both the Sensex and Nifty recording notable declines amid mixed sectoral movements.

Indian stock market looks set for solid gains as BJP-led alliance wins in Maharashtra assembly elections. Gift Nifty indicates a 301-point rise. Strong Friday gains push Nifty above 200DMA, signalling a positive trend and potential rally if it stays above 23,

The BSE benchmark Sensex climbed 216.18 points to 79,259.92 in early trade. The NSE Nifty went up by 78.6 points to 23,992.75.

Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Friday a day after the stock market crash. While BSE Sensex was ip around 200 points, Nifty50 was near 24,000.

The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,560 level, a premium of nearly 25 points from the Nifty futures’ previous close.

The BSE Sensex opened 12-odd points lower at 79,032, and soon jumped over 150 points to 79,200 levels. The NSE Nifty quoted around 23,960 – up 50 points. Following yesterday’s sharp sell-off, investors are likely to remain nimble footed in today’s trading session,