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Indices
Note :
- 'Open' prices are based on pre-market indicators and may differ slightly at actual market open.
- Traders are advised to wait for the first 30 minutes of trading to gauge market direction more accurately.
- Always use proper risk management techniques, especially on days with higher volatility.
Top Gainers and Losers :
Top Gainers
Top Losers
Note :
- Last Price and Change are as of market open.
- Volume represents the number of shares traded in the first 15 minutes of trading.
- 52-Week High and Low are based on the previous trading day's close.
Global Markets Overview: Positive
Major global indices are showing positive trends, indicating a favorable environment for Indian markets.
- U.S. Markets: Nasdaq CFD opened up by 1.23%, S&P 500 CFD index gained by 0.88%.
- European Markets: FTSE CFD down by -0.44%, CAC CFD decreased by -0.34%.
- Asian Markets: KOSPI rose by 2.08%, Nikkei 225 CFD index up by 1.82%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
25,966.40
Previous Day Change:
206.00 (0.79%)
Intraday Supports:
25,833.83
Intraday Resistances:
26,059.63
- NIFTY50 is in a strong uptrend with increasing highs and lows
- Key resistance is at 26,175 while immediate support lies at 26,125
- Significant volume spike observed near the 14:45 mark indicating strong buying interest
- Potential for bullish continuation if the index breaks above 26,175
Bank Nifty Outlook
#StreetOpen
Previous Close:
59,069.20
Previous Day Change:
234.80 (0.40%)
Intraday Supports:
58,792.70
Intraday Resistances:
59,278.80
- Bank Nifty is currently in an uptrend after reversing from the 58,960 level
- Key resistance is at 59,360, while support levels are at 59,080 and 58,960
- Significant volume spike observed at the recent upward move indicating strong buying interest
- A strong close above 59,360 could trigger further bullish momentum
Previous Day's Market Breadth
Total Advancing Stocks
2255
Total Declining Stocks
924
Advance-Decline Ratio
2.44
Sector Watch
Note :
- Sector performance is based on the first 30 minutes of trading.
- Individual stock movements within sectors may vary.
- Investors should consider their risk appetite and investment horizon before making decisions based on short-term sector movements.
Get daily predictions and stock updates
Market Breadth
Advancing Sectors
18
Declining Sectors
2
Advance-Decline Ratio
9.0
Sector Rotation Analysis
Key Sector Trends
Healthcare
Gujarat Kidney and Super Speciality IPO sees strong retail interest, indicating robust demand in healthcare investments.
Capital Goods
Defence shares rally due to value buying and expectations of increased government spending.
Finance
Shriram Finance sees bullish targets after significant investment, highlighting strong growth potential in finance.
Metals & Mining
Silver prices hit record highs driven by speculative inflows and supply tightness.
Sectors to Watch
Sector - News
Healthcare
KIMS expands with a new super specialty hospital, adding 300 beds.
Finance
MUFG's investment in Shriram Finance boosts stock outlook.
Metals & Mining
Hindustan Zinc benefits from soaring silver prices, reaching new highs.
Pre-Market News
- Infosys:Infosys ADR surges to record highs amid IT stock rally.
- Hindustan Zinc:Hindustan Zinc stock jumps 3% as silver prices soar to record highs.
- Nifty 50 Index:Asian stocks gain as hopes for year-end rally grow.
- First Tick: FIIs and DIIs continue buying spree in equities.
Stocks to Watch
Krishna Institute of Medical Sciences
Acquires 6.94% stake in Sarvejana Healthcare for Rs 148 crore.
Indraprastha Gas
Company in JV pact with Hindustan Waste Treatment for compressed bio gas plant.
GE Vernova TD
Company wins multi-year contract from AESL projects for 2500 MW Hvdc Vsc terminal station.
Our Top Research Calls (Previous Day)
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About Author
Santhosh Kumar V.
Founder, CEO Streetgains
Santhosh is a technical analyst, market researcher, educator and trader with 10+ years of experience. He is an expert in the area of patterns, price and time analysis as it applies to futures, Forex, and stocks.
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