Today’s Market News
Gift nifty indicates a week start, US , Asian markets falls
Global market
•dow jones 40755.75 down by 219.22
•nasdaq 17127.66 up by 43.37
* S&P 500 5503.41 down by 16.66
•dollar value today was 83.98
•gift nifty 25174.50 down by 62.25
•nifty 50 25145.10 down by 53.60
The Sensex was down 17.14 points or 0.02 percent at 82,184.02, and the Nifty was down 38.80 points or 0.15 percent at 25,106.30.
The benchmark Sensex and Nifty indices are expected to open negative on Sept 06, following GIFT Nifty trends indicating a loss of -60 points for the broader index.
After a gap down opening, Nifty can find support at 25,050 followed by 25,000 and 24950. On the higher side, 25,250 can be an immediate resistance, followed by 25,300 and 25,350.
The banking sector is bearish, with a market cap of Rs. 5,009,399 and a decline of 0.59%.
The software and IT services sector is bullish, with a market cap of Rs. 4,443,271 and a decline of 6.3%.
The automobile and ancillaries sector is neutral, with a market cap of Rs. 3,370,402 and a decline of 2.58%.
The finance sector is bullish, with a market cap of Rs. 3,276,582 and a decline of 7.48%.
The oil and gas sector is bullish, with a market cap of Rs. 3,105,238 and a decline of 2.36%.