Expect a day of market analysis! We'll delve into the potential negative opening for the Indian equity market, key factors influencing trends, and top
financial stories impacting your investments.
GIFT Nifty's Signal
Trends in the GIFT Nifty indicate a negative start for the Indian market, showing a loss of 31.50 points or 0.14 percent. This sets the stage for the day's trading, so keep an eye on how the actual opening unfolds and the broader market performance.
Yesterday's Market Recap
Indian equity benchmarks experienced a volatile session on February 5, failing to sustain early gains and concluding lower. The Sensex ended down 354.21 points (0.49%) at 71,731.42, and the Nifty closed down 82.10 points (0.38%) at 21,771.70. Investors anticipated the RBI meet outcome.
Key Support Levels
The pivot point calculator suggests immediate support for the Nifty at 21,730, followed by 21,674 and 21,584. On the upside, immediate resistance is expected at 21,793, then 21,968, and 22,058, providing a clear view of potential market movements.
Top Financial Headlines
Stay informed about critical news. This includes insights on Bharti Airtel, up by 54%, and other important updates. Keep an eye on Paytm's response to the forex norms allegations, which will also be crucial for investors. Other headlines may impact Indian and international markets.
Market Watch Today
Keep up with Moneycontrol for the latest in currency and equity markets. Major developments such as Kajari Teej 2025, International Youth Day 2025 and trends in Asian and US markets, including the Dollar, FII, and DII data, provide a complete financial picture.
