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Nifty Wrap Up For 26 April,2024

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Share Market Closing Note


Nifty at 22,450, Sensex falls 440 pts; financials major drag


Except auto, bank, metal, all other sectoral indices are trading in the red.


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Topic :- Time:3.00 PM


Nifty spot if manages to close above 22380 level then expect some further upmove in coming sessions and if it breaks and closes below above mentioned level then some sluggish move may follow. Avoid open short positions for Monday.


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Topic :- Time:2.30 PM


SILVER Trading View:

SILVER is trading at 81199. If it manages to trade and sustain above 81240 level then expect some upmove in the market and if it breaks and trade below 81100 level then some decline may follow in it.


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Topic :- Time:2.10 PM


Just In:

Bank of Maharashtras net profit jumps 45%, dividend declared


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Topic :- Time:2.00 PM


Nifty spot if manages to trade and sustain above 22440 level then expect some upmove and if it breaks and trade below 22400 level then some further decline can be seen in the market.


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Topic :- Time:1.00 PM


Nifty spot is trading at 22502. If it manages to trade and sustain above 22520 level then expect some upmove and if it breaks and trade below 22480 level then some decline can be seen. Avoid big trades due to very less movement in market right now.


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Topic :- Time:12.40 PM


Just In:

Maruti share price down over 1% ahead of Q4 numbers.


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Topic :- Time:12.30 PM


COPPER Trading View:

COPPER is trading at 861.60. If it manages to trade and sustain above 862 level then expect some upmove in it and if it breaks and trade below 860 level then some decline can be seen in Copper.


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Topic :- Time:12.00 PM


Nifty spot is trading at 22531. If it manages to trade and sustain above 22560 level then expect some upmove in it and if it breaks and trade below 22480 level then some decline can follow in the market.


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Topic :- Time:11.30 AM


News Wrap Up:

1. Sensex gives up early gains, down 150 pts, Nifty above 22,500

2. Raymond board ousts Nawaz Modi-Singhania amid splitsville saga

3. Bajaj Finance shares fall 7% after Q4 results

4. Adani seeks $400 mn loan for green capex push

5. IndiGo is in for long haul, orders 30 A350s

6. Ambani wants ₹1/day for latest disruption

7. Maruti Q4 preview: PAT seen rising 52% YoY

8. Indias services exports grow 11.4% in 2023


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Topic :- Nifty Opening Note


Indian Stock Market Trading View For 26 April, 2024:


Nifty is likely to turn volatile and is expected to follow global cues. 


Nifty spot if manages to trade and sustain above 22640 level then expect some upmove and if it breaks and trade below 22520 level then some decline can follow. Please note this is just opening view and should not be considered as the view for the whole day.


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