stock market today, bse sensex And Indian equity benchmark index Nifty50 resumed its rally on Tuesday after a strong performance on Monday. BSE Sensex rises 100 points nifty 50 Was above 22,650. At 9:30 am, BSE Sensex was trading at 74,746.86, up 76 points or 0.10%. Nifty50 was up 38 points or 0.17% at 22,681.50.
There was a significant rise in the stock market on Monday after the rise in the global market. Siddharth Khemka, head of retail research at Motilal Oswal, expects the positive trend to continue due to strong sentiment. Income Reports and favorable macroeconomic data. Investors will closely monitor European consumer confidence data and China's manufacturing and non-manufacturing data.
“We expect Nifty to continue its positive trend due to healthy earnings season and macro data. On the economic front, investors will keep an eye on European consumer confidence data and China manufacturing and non-manufacturing data,” he said.
Technical analysis by Nagaraj Shetty of HDFC Securities indicates that Nifty's short-term uptrend has resumed, with the next upside seen around 22,800-22,900 and immediate support at 22,500.
In the United States, stocks closed higher on Monday led by strong gains in Tesla and Apple as investors focused on the upcoming Federal Reserve policy meeting and its impact on interest rates. The Dow Jones Industrial Average rose 0.38%, the S&P 500 rose 0.32% and the Nasdaq Composite added 0.35%.
Asian markets followed suit, with Japan's Topix rising 1.4% and Australia's S&P/ASX 200 flat. However, Euro Stoxx 50 futures fell 0.4%. Oil prices fell in early trading on Tuesday, hit by ceasefire talks between Israel and Hamas in Cairo and concerns about the outlook for US interest rates.
Vodafone Idea and Biocon are among the stocks facing F&O ban period in the Indian market today. Foreign portfolio investors (FPIs) were net buyers worth Rs 169 crore on Monday, while domestic institutional investors (DIIs) bought shares worth Rs 692 crore. The Indian rupee closed 7 paise lower at 83.45 against the US dollar on Monday as investors remained cautious ahead of the US Federal Reserve's monetary policy decision.
Several companies, including IOC, Adani Energy and Adani Total Gas, are scheduled to announce their fourth quarter earnings on Wednesday.
There was a significant rise in the stock market on Monday after the rise in the global market. Siddharth Khemka, head of retail research at Motilal Oswal, expects the positive trend to continue due to strong sentiment. Income Reports and favorable macroeconomic data. Investors will closely monitor European consumer confidence data and China's manufacturing and non-manufacturing data.
“We expect Nifty to continue its positive trend due to healthy earnings season and macro data. On the economic front, investors will keep an eye on European consumer confidence data and China manufacturing and non-manufacturing data,” he said.
Technical analysis by Nagaraj Shetty of HDFC Securities indicates that Nifty's short-term uptrend has resumed, with the next upside seen around 22,800-22,900 and immediate support at 22,500.
In the United States, stocks closed higher on Monday led by strong gains in Tesla and Apple as investors focused on the upcoming Federal Reserve policy meeting and its impact on interest rates. The Dow Jones Industrial Average rose 0.38%, the S&P 500 rose 0.32% and the Nasdaq Composite added 0.35%.
Asian markets followed suit, with Japan's Topix rising 1.4% and Australia's S&P/ASX 200 flat. However, Euro Stoxx 50 futures fell 0.4%. Oil prices fell in early trading on Tuesday, hit by ceasefire talks between Israel and Hamas in Cairo and concerns about the outlook for US interest rates.
Vodafone Idea and Biocon are among the stocks facing F&O ban period in the Indian market today. Foreign portfolio investors (FPIs) were net buyers worth Rs 169 crore on Monday, while domestic institutional investors (DIIs) bought shares worth Rs 692 crore. The Indian rupee closed 7 paise lower at 83.45 against the US dollar on Monday as investors remained cautious ahead of the US Federal Reserve's monetary policy decision.
Several companies, including IOC, Adani Energy and Adani Total Gas, are scheduled to announce their fourth quarter earnings on Wednesday.