Sensex, Nifty, Share prices live: Indian benchmark indices, Sensex and Nifty, are projected to open flat with a downward bias on Tuesday, following a sharp rally in recent days. Analysts anticipate volatility as November contracts near expiry. The Nifty futures at Gift Nifty stand at 24,280, while the Nifty Dec futures reflect a value of 24,421. With the BJP’s significant win in Maharashtra, increased government spending is expected to support demand recovery, especially with a high number of weddings and a positive rural spending outlook. Technical analysis reveals a doji candle formation for the Nifty, indicating market uncertainty, while immediate support is identified around 24,050-24,060. Options data shows balanced sentiment with strong put and call writing around key levels, suggesting bullish trends as the put-call ratio declines. Overall, market focus remains on economic data releases and corporate earnings.
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