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Sensex Rises 600 Points, Nifty Near 23,950
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The Sensex and Nifty indices rose sharply, snapping a five-session decline, following a sharp fall in oil prices after the US and Iran paused strikes. The indices rebounded after five sessions of decline.
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Sensex Rises 600 Points, Nifty Near 23,950
The Sensex and Nifty indices rose sharply, snapping a five-session decline, following a sharp fall in oil prices after the US and Iran paused strikes. The indices rebounded after five sessions of decline. The sharp fall in oil prices was attributed to the easing of tensions between the US and Iran. The decline in oil prices had a positive impact on the Indian stock market, with the Sensex and Nifty indices rising sharply. The indices rose by 600 points, with the Sensex closing at 23,950. The rebound in the indices was also attributed to firm global cues and a decline in the India VIX.
Sensex may face resistance at 76,300, Nifty support seen at 23,600: Analysts
Sensex may face resistance at 76,300, Nifty support seen at 23,600: Analysts.
Street signs: IPO season peaks, 23,650-23,600 key support level for Nifty
July's IPO boom continues with Manipal Health, while investors track Nifty support levels, rising crude prices and Suzlon Energy's appeal against Sebi before SAT.
Trade Setup For July 27: Nifty Support Dwindles To 23,600 As Weak Momentum Persists
Trade Setup For July 27: Nifty Support Dwindles To 23,600 As Weak Momentum Persists.
Nifty Outlook for July 27: 23,800 - 23,600 Remain Key Support
The Nifty extended its losing streak to a fifth consecutive session on Friday, closing below the 23,800 mark. The index opened over 200 points lower on weak global cues and a sharp rise in crude oil prices. Buying emerged around 10:15 am, helping the benchmark recover 200 points from the day's low. The Nifty is expected to face resistance at 23,800 and support at 23,600 on July 27. The index is expected to be volatile on the day, with crude oil prices and global cues playing a significant role in its movement.
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