Market Remained Bearish Today Ahead of FED Meeting

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Nifty closed today at 24199.30 down 284.7 points. Sensex closed at 79541.79, down 836.34 points. Yesterday Nifty faced a resistance at 24537 level after two days' rally. There was weekly expiry today which spoiled the market. All the sectoral indices were in the red. 

 

As per technical analysis, Nifty was unable to trade decisively above 24537 level, which was the negative sign for Nifty and it closed near the day's low. 

 

Metals and commodities were the top losers. Until and unless, Nifty doesn't cross 24500 levels, it will be in the bearish territory. If the bearishness continues, Nifty can touch more lower levels. Next support of Nifty is at 2400 and then at 23850 to 23900 levels.


Today’s Top Gainers (In Nifty 500):


𝟭. 𝗜𝗧I 𝗟𝘁𝗱𝗥𝘀.𝟮𝟲𝟲.𝟰𝟵 (𝟭𝟰, 𝟴𝟲% )

 

𝟮.𝗦𝘄𝗮𝗻 𝗘𝗻𝗲𝗿𝗴𝘆 𝗟𝘁𝗱. 𝗥𝘀.𝟱𝟯𝟱.𝟵𝟬 (𝟴. 𝟬𝟳% )

 

𝟯. 𝗞𝗘𝗖 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹  𝗥𝘀.𝟭𝟬𝟱𝟬.𝟳𝟬 (𝟳. 𝟲𝟰% )

 

𝟰. 𝗔𝗽𝗼𝗹𝗹𝗼 𝗛𝗼𝘀𝗽𝗶𝘁𝗮𝗹𝘀  𝗥𝘀.𝟳𝟰𝟮𝟰.𝟴𝟱 (𝟲. 𝟱𝟱% )

 

𝟱. 𝗡𝘆𝗸𝗮𝗮   𝗥𝘀.𝟭𝟵𝟭.𝟱𝟰 (𝟱. 𝟱𝟰% )



Today’s Top Five 52 Week High Movers:


𝟭. 𝗞𝗘𝗖 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹   𝗥𝘀.𝟭𝟬𝟱𝟬.𝟳𝟬

 

𝟮. 𝗔𝗽𝗼𝗹𝗹𝗼 𝗛𝗼𝘀𝗽𝗶𝘁𝗮𝗹𝘀     𝗥𝘀. 𝟳𝟰𝟮𝟰, 𝟴𝟱

 

𝟯. 𝗪𝗲𝗹𝘀𝗽u𝗻 𝗖𝗼𝗿𝗽. 𝗟𝘁𝗱. 𝗥𝘀.𝟳𝟵𝟴.𝟲𝟱

 

𝟰. 𝗖𝗼𝗿𝗼𝗺𝗮𝗻𝗱𝗲𝗹 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹  𝗥𝘀.𝟭𝟳𝟳𝟳.𝟵𝟱

 

𝟱. 𝗞𝗮𝗿𝘂𝗿 𝗩𝘆𝘀𝘆𝗮 𝗕𝗮𝗻𝗸   𝗥𝘀. 𝟮𝟯𝟭. 𝟲𝟲


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