Markets action for the day

Markets action for the day

After a black and blue beating on September 24, the Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 70 points gain.

The market corrected for the sixth consecutive session on September 24 with the Nifty falling well below the psychological 11,000 mark amid uncertainty over economic recovery and rising COVID-19 infections.

The BSE Sensex plunged 1,114.82 points or 2.96 percent to close at 36,553.60, while the Nifty50 closed the expiry day for September derivative contracts at 10,805.50, down 326.40 points or 2.93 percent and formed a big bearish candle on the daily charts.

Nifty Daily

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