The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday, tracking upbeat global market cues. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,161 level, a premium of nearly 60 points from the Nifty futures’
Stock market today: On Tuesday, August 27, Indian stock market benchmarks, the Nifty 50 and the Sensex, ended the day flat. The Nifty 50 inched up by 7 points to close at 25,017.75, while the Sensex edged up by 14 points, finishing at 81,711.76. In contrast, the mid-cap and small-cap segments saw notable gains, with
InCred Equities Nifty 50 Overview: •\u0009Resistance Levels: 24,622, 24,650, 24,694 (based on pivot points) •\u0009Support Levels: 24,534, 24,507, 24,462 (based on pivot points) •\u0009Market Sentiment: As long as Nifty 50 sustains above 24,500-24,550, it is likely to move towards 24,700-24,800. A fall below the 24,400-24,300 range could trigger further downside. •\u0009Candlestick Pattern: Despite forming a
INDIA 1)India’s retail inflation in July dropped to 3.54%, marking a near five-year low as food prices eased, government data showed. The actual figure fell below the Reserve Bank of India’s 4% target, primarily due to a high-base effect from last year. 2)Food prices, which constitute nearly half of the retail inflation basket, saw a