Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Monday’s trading session in the negative territory. The NSE Nifty 50 gained 10.50 points or 0.21% to settle at 21,741.90, while the BSE Sensex jumped 31.68 points or 0.04% to 72,271.94. The broader indices ended in positive territory, with gain led by Smallcap and Midcap stocks. Bank Nifty index ended lower by 57.95 points or 0.12% to settle at 46,841.25. Media and PSU Banks stocks outperformed among the other sectoral indices while Auto and Financial Services stocks shed. Nestle India, Adani Enterprises, Adani Ports and SEZ, Coal India, and Tech Mahindra were the top gainers on the NSE Nifty 50, while the laggards include Eicher Motors, Bharti Airtel, Mahindra & Mahindra, Bajaj Auto, and Hindalco. The Indian Volatility Index (India VIX) closed up by 1.22 %.
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Monday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by 69 points or 0.31% at 22,044 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously, on Friday, the NSE Nifty 50 gained 247.35 points or 1.14% to settle at 21,894.55, while the BSE Sensex ended higher by 847.27 points or 1.18% to 72,568.45.
“The Nifty index exhibited significant strength, securing a notable breakout on the daily chart as it surpassed the key resistance level of 21,800. This bullish move positions the index for potential short-term targets of 22,000 and 22,200. Traders are advised to consider buying opportunities on any dips toward the support level. The momentum indicator RSI has also provided a buy crossover, further confirming the bullish sentiment in the market,” said Kunal Shah…