Stock Market Close: Sensex declines 372 pts, Nifty ends at 23,946 on renewed US-Iran tension – Delhi News Daily

Stock Market LIVE Updates: “The benchmark Nifty index drifted slightly lower to settle at 23,946 spot levels, registering a decline of 110 points from its previous closing values. Technically, the Nifty index is hovering within a 400–500 point consolidation range (23,800–24,300 spot zone) placed between its 2-month and 6-month EMAs. A decisive break on either side of this range will set the floor for the next short-term directional move. A decisive close above 24,250 could lead it towards 24,600 spot in the near term. Conversely, sustained trading below 23,800 might drag the index towards 23,600–23,500 spot levels.”

 

Views by: Vipin Kumar, assistant vice president, technical and derivative research, Globe Capital Market

 

Stock Market LIVE Updates: Among the broader markets, Nifty Midcap100, and Nifty Smallcap100 indices settled lower by 0.37 per cent, and 0.62 per cent, respectively.

 

Stock Market LIVE Updates: Barring Nifty pharma, metal, and healthcare all the other sectoral indices on the NSE settled lower on Monday.

 

Stock Market LIVE Updates: Here’s a glance at the Sensex gainers and losers at the close.

 

Stock Market LIVE Updates: The BSE Sensex fell 372.10 points or 0.48 per cent to settle at 76,728.37.

 

Stock Market LIVE Updates: The NSE Nifty50 settled at 23,946.25, lower by 109.75 points or 0.46 per cent.

 

Stock Market LIVE Updates: Goldman Sachs Group Inc. recommends buying India’s 30-year government bonds as inflation expectations ease and lower oil prices reduce fiscal risks. Read more. 

 

Market News LIVE: Markets regulator Securities and Exchange Board of India (Sebi) has begun the process of recruiting an executive director and has invited applications to fill the vacancy. Read more. 

 

Stock Market LIVE Updates: Netweb Technologies India shares came under sharp selling pressure on Monday ahead of the company’s board meeting to consider a fundraise. The stock extended its losses for a second straight session, falling as much as 10 per cent intraday. It opened lower at ₹4,900 on the National Stock Exchange (NSE) and touched a low of ₹4,451. Read more. 

 

Stock Market LIVE Updates:  As of 3:00 PM, the Nifty50 fell 0.52 per cent or 125.90 points to 23,958.25, and the Sensex was down 464.40 points or 0.6 per cent at 76,636.07.