Stock market today: BSE Sensex opens over 150 points down; Nifty50 below 24,750 – Newz9

inventory market at present: Indian fairness benchmark indices, BSE Sensex and Nifty50, opened in crimson on Monday. While BSE Sensex was below 82,000, Nifty50 was below 24,750. At 9:18 AM, BSE Sensex was buying and selling at 81,964.22, down 169 points or 0.21%. Nifty50 was at 24,728.20, down 40 points or 0.16%.
Last week, the market maintained its upward trajectory for the fourth straight week, advancing roughly half a p.c throughout consolidation. Investors can be watching Manufacturing and providers PMI, with major consideration on the US Fed assembly, the place a 25 foundation level charge discount is anticipated.
From a technical perspective, the outlook stays sturdy, with targets probably reaching 25,000 and past within the close to time period, while discovering help at 24,550.
US markets completed comparatively flat on Friday, with the S&P 500 and Dow recording weekly losses, while the Nasdaq achieved its fourth consecutive weekly acquire.
Asian markets displayed combined efficiency early Monday, awaiting Chinese financial knowledge. Notable actions embrace:
Oil costs retreated from latest highs as buyers await the Federal Reserve assembly. The US greenback remained close to three-week highs in opposition to main currencies.
Securities underneath ban embrace Granules, Manappuram, Metropolis, PVR Inox, RBL Bank, Hindustan Copper, SAIL, and Nalco.
FPIs invested Rs 2335 crore web, whereas DIIs offered Rs 732 crore price of shares. FII web quick place elevated to Rs 60,551 crore on Friday.