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Stock market today: Indian Equity Benchmark Codes, P.S. Sensex And Nifty 50, Red opened on Wednesday trading. Even if the BSE Sensex is below 75,600, Nifty50 Was close to 22,800. At 9:17 am, the BSE Sensex was traded to 75,621.95, which fell by 345 points or 0.45%. The Nifty was 50 22,830.90, which fell 114 points or 0.50%.
Indian markets declined on Tuesday, leading to the fall of the bank, auto and FMCG sectors. Codes have recorded negative closures in 9 of the last 10 sessions, the only exception on Monday.
Commenting on the day’s trade, LKP Securities Senior Technical Analyst, Rupak DE, referred to the turbulent nature of the market and the lack of a clear direction. “In the short term, the Nifty may be ‘on Rice’ to sell until the Nifty is below 23,150. The support has been placed at 22,800, and the fall below will further rectify the position. Immediate opposition is placed at 23,000,” he said.
Despite the negative intimacy, the technical analyst of Samco Securities Om Mehra expects a potential trend upside down, quoting the form of a dragonfly toji in the daily chart. He notes that the index has established support in the 22,800-22,900 range.
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The US stock markets showed a positive movement, and the S&P500 reached a new record during the shortened trading week. This was in the midst of the revenue period, the upcoming Federal Reserve minutes and the current geopolitical concerns.
Asian stocks have been set up for the early downward movement as the concerns of expanded trade conflicts and global political uncertainty continue to affect investors’ sentiment.
As investors have noticed US President Donald Trump’s trade policies, gold has remained near its peak on Wednesday, while the Federal Reserve is waiting for minutes for minutes.
Foreign Investors (FIIS) showed positive activity Indian share.
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