Nifty

2024 - 1 - 1

Nifty and Sensex Start 2024 in the Red: Market Volatility in Focus

Financials - IT Sector - Market Analysis - Nifty - Sensex - Stock Market

Stock markets kick off the new year on a muted note as Nifty and Sensex face downward trends. Dive into the world of financials and IT sectors with expert forecasts and market analysis.

The year 2024 began with a sombre note for the Indian stock market as the NSE Nifty 50 and the S&P BSE Sensex opened lower, reflecting a cautious start. Both indices dipped marginally, with Nifty hovering around 21700 points. Financials and IT sectors weighed down the market, showing signs of vulnerability and stretched valuations.

Market experts anticipate a Goldilocks scenario, foreseeing potential volatility in the coming days. With over 3891 stocks actively traded, the market bell rang with Sensex down by 200 points at 72032 and Nifty dropping below key levels. Amid profit-taking after a sharp rally, the market dynamics hint at a rollercoaster ride ahead.

The Securities and Appellate Tribunal (SAT) awaits the appointment of a new presiding officer, adding a twist to the market sentiment. Meanwhile, seasoned analysts like Sameet Chavan predict a rangebound scenario for Nifty and a challenging outlook for the IT sector, setting the stage for a gripping market narrative.

As investors brace for market uncertainties, the start of 2024 reflects a cautious stance with flat openings for Sensex and Nifty. Auto stocks drag the indices down, while sectors like pharmaceuticals and financial services show mixed performances. The market landscape is set for an eventful journey with key factors like COVID-19 sub-variants and global economic trends influencing stock movements.

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Image courtesy of "India Today"

Sensex, Nifty off to a muted start in 2024 as financials, IT weigh (India Today)

The blue-chip NSE Nifty 50 fell 0.08 per cent to 21714.15 points, while the S&P BSE Sensex shed 0.15 per cent to 72132,72, as of 9:51 am IST.

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Image courtesy of "Moneycontrol.com"

Nifty, Sensex start new year in red, valuations stretched, vulnerable ... (Moneycontrol.com)

Benchmark indices opened marginally lower on January 1 with Nifty around 21700. BPCL, Coal India, Dr Reddy's Labs, Grasim Industries and Divis Labs were ...

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Image courtesy of "Business Today"

Sensex, Nifty start 2024 on a lower note; Cholamandalam Financial ... (Business Today)

The 30-share BSE Sensex pack fell 183 points or 0.25 per cent to trade at 72058, while the broader NSE Nifty index moved 43 points or 0.20 per cent down to ...

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Image courtesy of "The Hindu BusinessLine"

Nifty, Sensex dip; expert forecasts Goldilocks scenario for markets (The Hindu BusinessLine)

NSE & BSE indices down, 3891 stocks actively traded; major gainers & losers; Geojit Financial Services Chief Investment Strategist comments on market ...

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Image courtesy of "Hindustan Times"

Market bell: Sensex down by 200 points at 72032; Nifty drops below ... (Hindustan Times)

Equity benchmark indices declined in early trade on Monday, the first trading day of the New Year 2024, amid profit-taking after the recent sharp rally and ...

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Image courtesy of "Business Standard"

Street signs: SAT awaits presiding officer, Nifty showing signs of ... (Business Standard)

The Securities and Appellate Tribunal (SAT) is waiting for the appointment of a new judicial member as presiding officer.

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Image courtesy of "अमर उजाला"

Sensex Opening Bell: 2024 में शेयर बाजार की कमजोर शुरुआत, सेंसेक्स ... (अमर उजाला)

Sensex Opening Bell: एनएसई निफ्टी और बीएसई सेंसेक्स ने 2017 के बाद अपना सबसे अच्छा प्रदर्शन 2023 में किया।

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Image courtesy of "मनी कंट्रोल"

बैंक निफ्टी के जनवरी में 50000 का स्तर पार करने की उम्मीद नहीं, IT इंडेक्स ... (मनी कंट्रोल)

शेयर बाजार का 16 साल से ज्यादा का अनुभव रखने वाले समीत चव्हाण का मानना है कि बेंचमार्क इंडेक्स की चाल कैसी भी रहे लेकिन आईटी सेक्टर ...

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Image courtesy of "Zee Business"

FIRST TRADE: Market begins new year on a muted note; Sensex ... (Zee Business)

Stock market today: Last seen, the S&P BSE Sensex was down 0.11 per cent, or 80.27 points, at 72159.99, and the NSE Nifty was down 0.06 per cent, ...

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Image courtesy of "The Hindu BusinessLine"

Stock Market Live Updates: Sensex and Nifty trade flat with negative ... (The Hindu BusinessLine)

Stock Market today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets ...

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Image courtesy of "Economic Times Hindi"

Nifty Today: नए साल में लाल निशान में खुला शेयर बाजार, टाटा मोटर्स में ... (Economic Times Hindi)

Nifty Today News: शेयर बाजार के शुरूआती कारोबार में निफ्टी मिडकैप 100, बीएसई स्मॉल कैप इंडेक्स में मामूली तेजी दर्ज की जा रही थी जबकि निफ्टी ...

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Image courtesy of "Livemint"

Nifty 50, Sensex today: What to expect from Indian stock market in ... (Livemint)

The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 21861 level as compared to ...

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Image courtesy of "Zee Business"

Share Market Today LIVE: Nifty 50, Sensex likely to start in red; GIFT ... (Zee Business)

Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex are likely to start Tuesday's session in red. Catch minute-by-minute updates of all ...

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Image courtesy of "Moneycontrol.com"

Stock Market LIVE Updates: Nifty at 21600, Sensex down 580 pts ... (Moneycontrol.com)

Sensex Today | Stock Market LIVE Updates: BSE midcap and smallcap indices down 1 percent each. Among sectors, except healthcare (up 1 percent), ...

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Image courtesy of "Moneycontrol.com"

Nifty, Sensex extend losses, analysts expect volatility to persist in ... (Moneycontrol.com)

The market anticipates volatility, influenced by factors such as the surge in COVID-19 sub-variant JN.1 cases in India, FOMC minutes on January 4, ...

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Image courtesy of "Business Standard"

Nifty Financial seen rangebound; Nifty PSU Bank faces resistance at ... (Business Standard)

Nifty PSU Bank index has encountered notable resistance around the 5800 levels. The recommended trading strategy thus involves selling on rallies with a ...

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Image courtesy of "Business Today"

Sensex, Nifty kick-off 2024 on a flat note; GSFC, JBM Auto jump up ... (Business Today)

BSE's Sensex added 31.68 points, or 0.04 per cent, to settle at 72271.94, while NSE's Nifty50 edged up 10.50 points, or 0.05 per cent, to end the day at ...

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Image courtesy of "The Hindu BusinessLine"

Stock Market Live Updates: Sensex and Nifty trade weak amid ... (The Hindu BusinessLine)

Stock Market today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets ...

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Image courtesy of "The Hindu"

Sensex, Nifty kick off 2024 on a flat note (The Hindu)

In a highly volatile trade, the BSE gauge eked out a modest gain of 31.68 points or 0.04% to settle at 72271.94 after a muted beginning.

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Image courtesy of "ABP News"

Stock Market Update: शेयर बाजार में गिरावट गहराई, सेंसेक्स 480 अंक ... (ABP News)

Stock Market Update: भारतीय शेयर बाजार में उतार-चढ़ाव जारी है और सेंसेक्स, निफ्टी तेजी पर खुले लेकिन तुरंत ही लाल निशान में फिसल गए.

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Image courtesy of "CNBCTV18"

Trade Setup for January 2: Nifty continues to struggle at higher ... (CNBCTV18)

Nearly all of the Nifty heavyweights - HDFC Bank, Reliance Industries, Axis Bank, TCS saw a fall from the day's high, which took the index lower.

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Image courtesy of "Business Insider India"

Nifty, Sensex stay sombre in 2024, auto stocks drag (Business Insider India)

UltraTech Cement, Eicher Motors, Mahindra & Mahindra, Hero MotoCorp are the top laggards in trade.Divis lab, Sun Pharma, Cipla, Bajaj Finserv and Power ...

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Image courtesy of "Livemint"

Jefferies states key reasons why markets could scale new highs ... (Livemint)

Stock Market today: Jefferies December'2024 Nifty target at 24000 indicates about 12% upside. Relative Nifty valuation are better and market could touch new ...

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Image courtesy of "Business Today"

Nifty overvalued by 20%? Kotak sees time correction in next 6-9 ... (Business Today)

Nifty return outlook 2024: Kotak said the returns in 2024 will depend on the tussle between fundamentals and sentiment. In an entirely 'fundamental' market, ...

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Image courtesy of "India Today"

Sensex, Nifty open lower as financials and IT stocks face selling ... (India Today)

The S&P BSE Sensex fell 0.187 per cent to 72158.10 at 9:18 am, while the NSE Nifty50 declined 0.10 per cent to 21720. The broader market indices were mixed, ...

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Image courtesy of "The Hindu BusinessLine"

F&O Query: Should you hold Nifty and Bank Nifty call options? (The Hindu BusinessLine)

Hold Bank Nifty 48200-call & Nifty 21800-call for 11 Jan expiry; exit when index hits 49000 & 22200 respectively.

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Image courtesy of "The Hindu BusinessLine"

Nifty Prediction Today–January 02, 2024: Bearish. Go short now and ... (The Hindu BusinessLine)

Nifty 50 January Futures struggles to break 21700-21750 resistance; US Dow Jones at 37500; traders can go short at 21760.

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Image courtesy of "Moneycontrol.com"

Nifty, Sensex end flat amid volatility; positive momentum may ... (Moneycontrol.com)

Nifty January futures crossed the 22,000 mark and hit a high of 22,025 intraday. The broader markets outperformed with BSE Smallcap and BSE Midcap indices ...

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Image courtesy of "CNBCTV18"

Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to have a ... (CNBCTV18)

Despite the early start, market participants noted thin volumes, indicating a cautious approach to the new year's trading. Yesterday, a small sell flow ...

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Image courtesy of "Business Today"

Sensex slips 550 points, Nifty below 21600; IT, auto, capital goods ... (Business Today)

Market volatility index India VIX rose 1.23% to 14.86 in morning trade today. Market breadth was negative with 1440 stocks rising against 2128 stocks falling on ...

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Image courtesy of "Business Standard"

5 Reasons why Sensex fell 650 pts, Nifty below 21600 intra-day on ... (Business Standard)

The S&P BSE Sensex fell over 650 points, while the NSE Nifty 50 shed nearly 200 points in intra-day trades on Tuesday, January 02.

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Image courtesy of "Business Standard"

Nifty50 overvalued by 20%, expect correction in 6 months: Kotak ... (Business Standard)

Brokerage Kotak Securities does not anticipate any large upside to the Nifty Index in 2024 and expects a time correction in the next six to nine months.

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Image courtesy of "Hindustan Times"

Sensex drops 200 points to open at 72069; Nifty down by 42 points (Hindustan Times)

Equity benchmark indices declined in early trade on Tuesday amid weak trends from Asian markets and fresh foreign fund outflows. BSE Sensex and NSE Nifty50 ...

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