Page 39 - Technical Research News Today

Get latest articles and stories on Business at LatestLY. Indian stock indices took a rollercoaster ride and settled marginally in the red the day the central government presented its interim Budget for 2024-25. Business News | In Rollercoaster Ride, Indian Stocks Settle in Red on Budget Day.

The interim budget typically takes care of the fiscal needs of the intervening period until a government is formed after the Lok Sabha polls, , indian stocks, interim budget, india, economy

The trend may continue to be volatile on Thursday, especially as the Interim Budget will be delivered. Support on the lower end is situated at 21,500, while a decisive move above 21,750 might trigger a rally towards 22,100 and beyond.

All Nifty sectoral indices were trading in green, with pharma, auto leading the pack. Nifty Bank, PSU bank, metal, energy and FMCG indices were trading up to a percent higher

Nifty on Wednesday ended 204 points higher above the 21,700 mark to form a Piercing Line pattern on the daily chart ahead of Wednesdays US Fed meeting outcome and Thursdays Interim Budget. On the monthly chart, Nifty ended flat but formed a Doji candle after a two-month rise, indicating indecision at higher levels.

OI data showed that on the call side, the highest OI was observed at 21,700 followed by 22,000 strike prices while on the put side, the highest OI was at 21,500 strike price.

Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — NCL Industries, SeQuent, and BLS International

Analysts say investors are turning cautious ahead of the Union Budget 2024 and US Federal Reserves interest rate decision

Get latest articles and stories on Business at LatestLY. Indian stock indices started Tuesday's session marginally in the red after a sharp jump during the previous session. Benchmark Sensex and Nifty were about 0.1 per cent lower than their previous day's closing at the opening bell today. Business News | Indian Stock Indices Edged Marginally Lower at Opening Bell Tuesday.

The blue-chip NSE Nifty 50 index declined 0.99% to 21,522 points and the S&P BSE Sensex fell 1.11% to 71,140. Both the benchmarks had risen about 1.8% on Monday to log their best session in eight weeks.