Sensex Today | Stock Market Live Updates: Gift Nifty Signals a Strong Opening for the New Trading Week, Pointing to a Gain of Nearly 200 points for the nifty.
First, the ratings upgrade, which may have come during market hours on Thursday, but other global uncertainteies may have kept a lid on the market reaction. With no Clarity Yet on What Happensia and Ukraine with the US, Uncesty Persists Over With the Additional 25% Tarifs on India will come into effect 27 or not.
The Second Major Announcement was from Prime Minister Narendra Narendra’s Independence Day Address, Promising “Generational” GST Reforms Beforms Beforms Before Diwali, and that COLD KOULD MOST of the GST-Linked Stocks Forb Autos to FMCG in Focus Today. Higher Levels, Thought, Continue to Remain a Challenge, with Last Week’s High of 24,702 Continuing to Remain A Barrier, and that will be the first level to Cross Before the Nifty Moves 20-DMA.
On the flip side, the 24,500 – 24,550 levels have emerged as a strong support as of last week. We’ll watch for some final earnings from inox wind, vodafone idea, zaggle prepaid and hindustan copper. KeC International Has Won Orders, while JK Cement has approved expansion plans.
Watch this space for all the live updates.
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