Market News 03/10/2024

Today’s Market News :

Gift Nifty about 300 points down
Dow Jones Fut also down
Hang Seng also down for 480 points
Expect japan market (Nikkei 225) all other markets are down and flat.
Indian ADR’s are also down for major stocks.
market may open gap down (around 200 pts), if so the support regions for Nifty and Bank nifty are as follows,
Nifty support: 25600-25500 region
Bank nifty support: 52500- 52000 region
– The Sensex is at 28,121.89, with a 0.17% increase of 46.34 points ¹.
– The India VIX is at 11.99, with a 6.26% decrease

*Top Stocks

– _Caplin Point Laboratories_: Up 9.63%
– _PB Fintech_: Up 7.03%
– _Welspun Living_: Up 6.87%
– _National Aluminium Company_: Up 6.54%
– _Five Star Business Finance_: Up 6.28% ¹

Global Market Trends

– The Nasdaq dropped 0.24% amid the Middle Eastern crisis and oil price spike, with Tesla sinking 4% ¹.
– Oil prices have surged 3% due to the Israel-Iran war, with Brent crude futures hitting $74/bbl ¹.

*IPO Updates

– KRN Heat Exchanger IPO listing date is today, with experts signaling multibagger returns ¹.
– Swiggy IPO’s updated DRHP-I reveals key details

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