Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares trade lower
retained text
Business News›Markets›Stocks›Live Blog›Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares trade lower LIVE BLOG For the Nifty, analysts said a sustained move above Friday’s high and the 50-day EMA around 24,190 could pave the way for a pullback towards the 24,300–24,350 zone in the coming sessions. Synopsis Sensex Today | Nifty 50 | Stock Market Live Updates: Indian benchmark indices traded in a volatile range on Friday before ending higher and near the day’s highs. However, sustained Brent crude prices above $85 a barrel kept investors cautious and capped overall market sentiment. Sensex Today | Nifty 50 | Stock Market Live Updates: For the Nifty, analysts said a sustained move above Friday’s high and the 50-day EMA around 24,190 could pave the way for a pullback towards the 24,300–24,350 zone in the coming sessions. 1 New Update Oil prices climbed more than $2 a barrel on Monday after the United States struck an Iranian island in the Strait of Hormuz, with Tehran retaliating as the conflict in the Middle East entered its sixth month. Asian stocks fell while the dollar extended its gains after hawkish remarks from Federal Reserve Chair Kevin Warsh bolstered expectations of an interest-rate hike next month. Oil prices rose as escalating tensions in the Middle East heightened concerns over supply disruptions. Shares of HDFC Bank, Mahindra & Mahindra, Ola Electric Mobility, NBCC (India), Knowledge Realty Trust and several other companies are likely to be in focus on the back of key corporate developments. GIFT Nifty on the NSE IX traded lower by 94 points, or 0.39 per cent, at 24,218, signaling that Dalal Street was headed for a negative start on Monday. The Indian stock market ended sharply higher on Friday, snapping a two-session losing streak as a strong rally in heavyweight IT stocks lifted the benchmark indices. Indian equities rebounded on Friday after a two-session decline, led by a strong rally in technology stocks. Investors stepped back into beaten-down IT shares, while softer crude prices and improved global market cues further supported sentiment.
document fetched 2026-08-31 02:47