Nifty opened flat but closed lower on Thursday. The volatility index India VIX surged. The index formed a red candle on the daily chart, indicating weakness. The 50-weekly SMA at 23,300 is a key support level. A short-term relief rally is possible if the index holds above 23,200. The highest OI on the call side is at 23,350 and 23,400, while on the put side, it’s at 23,350 and 23,300.
Posts in category Economic Times
Stock market update: Nifty Bank index 0.5% (21-11-2024)
The Nifty Bank index closed 0.5 per cent at 50372.90.
Share market update: Most active stocks in today’s market in terms of volume (21-11-2024)
The NSE Nifty index closed 168.6 points down at 23349.9
Breakout Stocks: How to trade Indian Hotels, Nalco & Fortis Healthcare on Friday? (21-11-2024)
Indian markets closed lower on Thursday, with the Sensex falling over 400 points and the Nifty below 23,400. Healthcare, IT, and realty stocks gained, while FMCG, oil & gas, energy, and utilities declined. Indian Hotels, National Aluminum, and Fortis Healthcare hit new highs.
Share market update: Most active stocks of the day in terms of traded value (21-11-2024)
The NSE Nifty index closed 168.6 points down at 23349.9
Stock market update: Nifty Pharma index 0.13% (21-11-2024)
The Nifty Pharma index closed 0.13 per cent at 21740.10.
Stock market update: Nifty Realty index 0.93% (21-11-2024)
The Nifty Realty index closed 0.93 per cent at 975.30.
Sensex falls! But these stocks rallied over 15% on BSE in today’s trade (21-11-2024)
In the Nifty50 index, 15 stocks closed in the green, while 35 stocks ended in the red.
Stock market update: Fertilisers stocks down as market falls (21-11-2024)
The 30-share BSE Sensex closed down 422.59 points at 77155.79
$11 billion bill for $265 million bribe charges! How Gautam Adani can fight back (21-11-2024)
Indian billionaire Gautam Adani and Adani Group executives are facing US charges. They are accused of bribing Indian officials to secure power supply contracts. The charges caused a significant drop in Adani’s net worth and impacted Adani Group company stocks. Adani Group denies the allegations and plans to pursue legal options, including a potential settlement.