Stock market today: The domestic benchmark equity indices, Sensex and Nifty 50, ended Thursday’s session in green after struggling through some volatility during the trade. Metal, real estate, and bank stocks led the indexes, despite a lack of strong global indications.
According to Rajesh Bhosale – Equity Technical and Derivative Analyst, Angel One, since last week, bulls have regained control of the market, continuously moving higher after the hiccup seen on Election Results Day. Prices have climbed more than 2,000 points from the panic low of 21,281 made on June 4th. The bias remains positive; however, in the last few sessions, momentum has slowed down. While the index continues to rise at a slower pace, trading activity has shifted outside the index, focusing on mid-cap and small-cap spaces that are performing well. Going ahead, expect this trend to continue. The next key level to watch would be 23,800–23,830, whereas 23,400–23,300 is immediate support.
(more to come)
3.6 Crore Indians visited in a single day choosing us as India’s undisputed platform for General Election Results. Explore the latest updates here!
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
Download The Mint News App to get Daily Market Updates.
Download The Mint News App to get Daily Market Updates.
More
Less
Published: 20 Jun 2024, 03:30 PM IST
#Stock #market #today #Sensex #ends #points #Nifty #metal #realty #bank #stocks #shine #auto #drags
Discover more from Telecast India
Subscribe to get the latest posts sent to your email.
Supercharge your earnings with the dynamic techniques of the Ninja Strategy! – http://slickwaves.com/