Market News 26/09/2024

Today’s Market News :
– The Nifty 50 index is currently at 26,004.15, with a 0.25% increase of 63.75 points ¹ ² ³.
– The BSE Midcap and Smallcap indices are down 0.5% each ¹.
– Sector-wise, power, metal, media, and realty indices are up 0.5-3%, while FMCG, PSU Bank, and IT are down 0.5-1%
*Global Indices*
– The Dow Jones index is at 41,914.75, with a 0.70% decrease of 293.47 points ¹.
– The S&P 500 index stands at 5,722.26, with a 0.19% decrease of 10.67 points ¹.
– The Nasdaq index is at 18,082.20, with a 0.043% increase of 7.68 points
*Market Trends*
– The Sensex is at 28,121.89, with a 0.17% increase of 46.34 points ⁴.
– The Nifty 50 has beaten global peers on RBI boost and macro data ⁴.
– Experts predict Indian equity performance to continue
For more updates and news on indices, you can check out Moneycontrol, TradingView, and Google Finance .
Gap-up opening, crucial today
Only buyers in the chart, no sellers
Market closed above 54000, all sellers exited
Market needs sellers, but they’ll only enter if
market falls
In flat/small gap-up opening, will target buyers
But if market opens gap-up above all-time high, buyers will be in profit, can’t target directly
Benchmark Sensex closed above 85,000 for the first time, while Nifty reached 26,000 at close on Wednesday. Stocks like ZEE Media rose 12%, Mazagon Dock gained 0.7%, and Hindalco declined by nearly 0.077%.nology and tourism: Piyush Goyal

• Analysts recommend buying these stocks at current levels with specific stop losses and potential upsides over the next 10-12 months. credits government reforms like GST, IBC, and ease of doing business for

• ZEE Media Corp has given almost 127% returned from its lower level as buyers were having the upper hand over bears. Mazagon Dock has given almost 32% end and downside move from its higher level of 5843 odd levels. Hindalco has given almost 21% return from its lower level as buyers were having the upper hand over bears.
– No sellers will enter, market will play on psychology
FII/DII Data
Outstanding Ol of FII (Index Option
Calls – Net -22k (Bearish)
Puts – Net -4.9k (Bullish)
FII/DII Cash (Stock): ₹-974Cr /₹ 1,779Cr
FII Index Future: ₹-679Cr

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