Stock Market LIVE Updates, Wednesday, October 9, 2024: Indian benchmark equity indices BSE Sensex and Nifty 50 climbed at opening bell on Wednesday, ahead of key policy decision and commentary announcements by the RBI’s governor Shaktikanta Das, at a press conference scheduled for 10 AM today. At opening bell, the BSE Sensex was up
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
12:00 PM Mining operators face setback as SC permits retrospective state levies A nine-judge Bench of the Supreme Court on Wednesday (August 14) ruled that its July 25 decision, which allows State governments to impose taxes on mining and related activities, will be applied retrospectively, but only for transactions occurring after April 1, 2005, according