Indian stock markets could open in the red tomorrow (April 12, 2024) after US March inflation report beats Wall Street expectations, denting hopes of US Federal Reserve rate cut in June Highly sexual. Several stock market analysts have indicated that concerns about uncertainty and volatility in the global economy due to the start of financial results for the January-March quarter of 2023-24 (FY2024 Q4) may weigh on market sentiment. List maintains a bearish view on tomorrow’s market movements.
At current levels, NSE International Exchange (NSEIX) data suggests the gifted Nifty is trading around 22,582 (up 0.12%) as against Nifty 50 futures closing price of 22,804 on April 10. I am. Gifts Nifty opened more than 200 points lower, gaping down the Nifty 50 on Friday, April 12th.
Domestic equity benchmarks saw solid buying across sectors on Wednesday, April 10, despite mixed global indicators. The 30-share Sensex closed above the 75,000-mark for the first time, while the NSE Nifty 50 also hit its highest in the previous session.
The Sensex closed 354 points or 0.47% higher at 75,038.15, hitting an intraday high of 75,105.14. The Nifty 50 hit a new high of 22,775.70 before rising 111 points (0.49%) to settle at 22,753.80.
It will continue in the future
Disclaimer: The views and recommendations expressed above are those of individual analysts or brokerages and not of Mint. We recommend checking with a certified professional before making any investment decisions.
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