Support Zone 22441-22401 Resistance Zone 22710-22766
Banknifty
Support Zone 47389-47313 Resistance Zone 48258-48424
Market Today The benchmark Sensex and Nifty indices are expected to open flat with negative bias on May 23, following GIFT Nifty trends indicating a loss of just 33 points for the broader index.
On May 22, the Indian benchmark indices ended on a positive note on May 22 with Nifty reclaiming 22,600 in a volatile session ahead of the release of the Fed's latest meeting minutes. At close, the Sensex was up 267.75 points or 0.36 percent at 74,221.06, while the Nifty was up 68.80 points or 0.31 percent at 22,597.80.
Here is how financial markets across the globe fared overnight, giving you some cues about how trade is poised for today.
GIFT Nifty (Negative) The GIFT Nifty is trading 33 points lower compared to the Nifty 50 close on May 22, indicating a negative start for the day. Nifty futures were trading at 22,661 at 07:15 AM IST.
The dollar hovered near a one-week high on Thursday following its best day this month against its major peers after minutes of the last Federal Reserve meeting revealed a willingness to raise interest rates among some officials. Gold prices were trading flat, while Silver prices were down nearly 1 percent in the early trade. Now you're all set for the market day! Happy trading!
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