#Nifty #Banknifty
NIfty
Support Zone 21710-21578
Resistance Zone 22147-22224
Banknifty
Support Zone 47069-46827
Resistance Zone 47899-48161
Nifty Oil & Gas was the top loser, falling by 3.2 percent. Nifty Metal and FMCG indices dropped 2.9 percent and 2.5 percent respectively. Nifty Pharma and Realty indices fell 2 percent each. Among gainers, Nifty Auto rose by 0.8 percent
On 10 May, India's benchmark indices took a hit, with NSE Nifty 50 dropping below 22,000 and BSE Sensex plunging over 1,000 points, both marking over a 1 percent intraday fall. Sensex closed 1,062 points at 72,404, and Nifty 50 down 335 points at 21,967. This marks the fifth consecutive day of decline.
Nifty dropped below 100-day moving average since November 12 due to election uncertainties and concerns over PM Narendra Modi's expected smaller majority, pushing the benchmark down 3 percent from its record high. Weak Q4 results and rising crude prices add to the downward pressure, analysts noted.
Market witnesses widespread decline with frontline indices dropping 1-2 percent, while Midcap Index plunges by 1,000 points. Weakness persists in the midcap segment, favoring declines in market breadth. Except Nifty Auto, all sectors declined. Nifty Oil & Gas was the top loser, falling by 3.2 percent. Nifty Metal and FMCG indices dropped 2.9 percent and 2.5 percent respectively. Nifty Pharma and Realty indices fell 2 percent each. Among gainers, Nifty Auto rose by 0.8 percent.
Support Zone 21710-21578
Resistance Zone 22147-22224
Banknifty
Support Zone 47069-46827
Resistance Zone 47899-48161
Nifty Oil & Gas was the top loser, falling by 3.2 percent. Nifty Metal and FMCG indices dropped 2.9 percent and 2.5 percent respectively. Nifty Pharma and Realty indices fell 2 percent each. Among gainers, Nifty Auto rose by 0.8 percent
On 10 May, India's benchmark indices took a hit, with NSE Nifty 50 dropping below 22,000 and BSE Sensex plunging over 1,000 points, both marking over a 1 percent intraday fall. Sensex closed 1,062 points at 72,404, and Nifty 50 down 335 points at 21,967. This marks the fifth consecutive day of decline.
Nifty dropped below 100-day moving average since November 12 due to election uncertainties and concerns over PM Narendra Modi's expected smaller majority, pushing the benchmark down 3 percent from its record high. Weak Q4 results and rising crude prices add to the downward pressure, analysts noted.
Market witnesses widespread decline with frontline indices dropping 1-2 percent, while Midcap Index plunges by 1,000 points. Weakness persists in the midcap segment, favoring declines in market breadth. Except Nifty Auto, all sectors declined. Nifty Oil & Gas was the top loser, falling by 3.2 percent. Nifty Metal and FMCG indices dropped 2.9 percent and 2.5 percent respectively. Nifty Pharma and Realty indices fell 2 percent each. Among gainers, Nifty Auto rose by 0.8 percent.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.