sensex nifty open stock market october 24 2024 bank nifty broader markets itc ntpc q2 results

Indian equities tracking mixed planetary cues opened mildly higher, snapping a three-day losing streak. At the open, Nifty was up 0.12 per cent oregon 29.8 points astatine 24,465.3, portion the BSE Sensex gained 0.14 per cent ot 111.36 points to 80,193.34.

Prashanth Tapse, Senior VP (Research), Mehta Equities said, “The optimism successful our markets has stalled aft a unsmooth trading session, overmuch similar a kite snagged connected a branch. The Nifty has ended successful the reddish for 3 consecutive days, dropping 7% from its caller high, with contiguous downside risks astatine 24,350 and assertive targets astatine 23,353."

Several factors are keeping bullish sentiments successful check: disappointing Q2 net from firm India, continued selling by FIIs (with Rs 92,143 crore withdrawn successful October), concerns implicit the gait of US involvement complaint cuts, predetermination uncertainties tied to a imaginable Trump victory, and rising US enslaved yields, helium added.

Asian markets

The MSCI Asia ex-Japan scale traded mildly little by 0.2 per cent. Meanwhile, Asian markets traded connected a mixed note, with Hang Seng trading with a chopped of 0.6 per cent, portion Nikkei and Straits Times were trading higher by up to 0.7 per cent.