Skip to main content

Stock Market Today: The impact of these news will be visible on the market today, take a look at them before taking any trade.

 Stock Market: GIFT Nifty is indicating a dull start for broader indices with a fall of 52 points or 0.24 percent. GIFT Nifty futures are trading around 21,758.50. Pivot Point Calculator indicates that Nifty is likely to take immediate support at 21,666, followed by further support at 21,584 and 21,452 levels.




Stock Market: The benchmark Sensex and Nifty indices are likely to open with weakness on February 9. GIFT Nifty is indicating a weak start for the broader indices with a loss of 52.50 points. Equity benchmarks had closed in the red on February 8 after the Reserve Bank of India maintained status quo on rates. Yesterday, the Sensex closed 723.57 points or 1 per cent lower at 71,428.43, while the Nifty closed 212.55 points or 0.97 per cent lower at 21,717.95. Pivot Point Calculator indicates that Nifty is likely to find immediate support at 21,666, followed by further support at 21,584 and 21.452 levels. Whereas at upper levels it can see immediate registration at 21,750. After this, the next resistances are at the level of 22,012 and 22.144.   Stay tuned to Moneycontrol to know what is happening in the currency and equity markets today. Here we are releasing for you a list of today's important news running on various news platforms which can impact the Indian and international markets.

Comments

Popular posts from this blog

Nagarjuna Fertilizer share price ?

 Nagarjuna Fertilizers & Chemicals Limited is a major player in India's agriculture sector, contributing significantly to the country's fertilizer production and agricultural development. Understanding the share price dynamics of Nagarjuna Fertilizer is essential for investors who want to effectively navigate the stock market and take advantage of potential opportunities. Nagarjuna Fertilizer Company Overview Nagarjuna Fertilizers & Chemicals Limited, established in 1973, has emerged as a leading manufacturer of fertilizers, chemicals and agro products. The company's commitment to quality, innovation and sustainability has earned it a prestigious position in the industry. Nagarjuna Fertilizer's diverse product portfolio caters to the needs of farmers across different regions, boosting agricultural productivity and rural development. Factors Affecting Nagarjuna Fertilizer Share Price Market Conditions: Nagarjuna Fertilizer's share price is influenced by broa...

Ayodhya: Construction work started again in Shri Ram Janmabhoomi temple, second phase will be completed by 2024.

 In view of the consecration program of Ramlala to be held on January 22 in the Ram temple of Ayodhya, the construction work was stopped for a month from January 15. Now on February 15, all the workers have returned once again. After this the work of the second phase has been started. The construction work of the temple is to be completed in three phases by the year 2025. The construction work of Shri Ram Janmabhoomi temple in Ayodhya, Uttar Pradesh has started once again with full capacity. The coordination between the construction work of the temple and the darshan of Ram devotees has been made in such a way that both the works are not interrupted. This is the reason that the construction work of the temple which had almost stopped on January 15 before the Pran Pratishtha program, has now gained wings again. It is being told that the construction work of Shri Ram Temple will be completed within the stipulated time limit. The construction work of Shri Ram Janmabhoomi Temple is to ...

What is a Trading Tick?

 A trading tick refers to the smallest possible price movement of a financial instrument, such as a stock, currency pair, or futures contract. It serves as the basic unit of measurement of price changes in the market. Ticks are important for traders to assess market activity and determine the direction of price movements. Tick size vs tick value Tick size represents the minimum price increment by which an asset's price can change. For example, in the stock market, the tick size may be $0.01. Tick value, on the other hand, indicates the monetary value of each tick movement. In our stock market example with a tick size of $0.01, each tick would represent a value of $0.01. Importance of Understanding Trading Ticks Understanding trading ticks is essential for traders to make informed decisions in the market. By analyzing tick data, traders can identify trends, assess market liquidity and determine optimal entry and exit points for their trades. Mastery of trading ticks enables traders ...