Sensex, Nifty likely to open higher, GIFT Nifty futures up over 50 points

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Share Market Today, October 24, 2024: Domestic equity benchmarks Sensex and Nifty are apt to unfastened Thursday's (October 24) league successful affirmative territory. At astir 7:40 am, GIFT Nifty futures, an aboriginal indicator of the 50-share index, were up 54.85 points oregon 0.22 per cent astatine 24,537.50 up of the opening doorbell connected Dalal Street.

Global Markets Update | US Stock Markets, Asian Share Market

US Stock Markets

In US Markets - Wall Street - closed successful antagonistic portion amid selling unit successful user discretionary and IT assemblage stock, including Nvidia; down 2,81 per cent, Apple; down 2.16 per cent, Meta Platforms; down 3.15 per cent, and Amazon; down 2.63 per cent. The Nasdaq scale closed little by 1.60 per cent, and the S&P 500 fell 0.92 per cent. Meanwhile, the existent property and inferior sectors were the apical gainers.

Asian Markets News

Asia stocks showed mixed performance, Nikkei 225 was up 0.19 per cent astatine 38,177.38, and the Hang Seng scale was down implicit 1 per cent.

Here's however the large planetary indices faired:

  • Nasdaq ended little astatine 18,276.65, down 296.47 points oregon 1.60 per cent
  • S&P 500 fell 53.78 points oregon 0.92 per cent astatine 5,797.42
  • Dow Jones down 409.94 oregon 0.96 per cent astatine 42,514.95
  • Japan's Nikkei 225 was up 76.92 points oregon 0.20 per cent astatine 38,181.78
  • Hong Kong's Hang Seng was down 219 points oregon 1.06 per cent astatine 20,540.32

Previous league summary

On Wednesday, October 23, 2024, some home indexes ended lower, Sensex closed astatine 80,081.98, up 138.74 points oregon 0.17 per cent and the 50-share scale ended astatine 24,435.50, up 36.60 pts oregon 0.15 per cent. Here's a look astatine the apical gainers and losers of the session:

Top losers

M&M -3.22
SUNPHARMA -2.69
EICHERMOT -2.07
SHRIRAMFIN -1.86
POWERGRID -1.84
LT -1.79
ADANIPORTS -1.74
NTPC -1.56
CIPLA -1.52
AXISBANK -1.21
TITAN -1.2
TATASTEEL -1.13
ICICIBANK -1.1
BEL -0.99
JSWSTEEL -0.9
HINDUNILVR -0.83
GRASIM -0.81
HEROMOTOCO -0.81
NESTLEIND -0.77
ULTRACEMCO -0.69
DRREDDY -0.67
SBIN -0.66
HDFCLIFE -0.45
BHARTIARTL -0.43
TATAMOTORS -0.4
ASIANPAINT -0.39
INDUSINDBK -0.34
HINDALCO -0.26
ITC -0.23
RELIANCE -0.16
ONGC -0.15
MARUTI -0.01

Top gainers

BAJFINANCE 4.9
TECHM 2.14
TATACONSUM 1.78
BAJAJ-AUTO 1.75
HDFCBANK 1.26
TCS 1.24
HCLTECH 1.22
BAJAJFINSV 1.12
COALINDIA 1.1
INFY 0.9
SBILIFE 0.8
BRITANNIA 0.52
WIPRO 0.31
ADANIENT 0.22
TRENT 0.2
KOTAKBANK 0.16
APOLLOHOSP 0.15
BPCL 0.03

What should investors/traders way today?

Several institution stocks are acceptable to absorption successful today's session, specified arsenic Infosys, Hindustan Unilever Ltd (HUL), Birlasoft, and Sona BLW Precision Forgings. Here's a database of these stocks:

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